Expert Reports under Article 73

When a company subscribes to share capital using non-cash considerations—such as loan capitalisation or asset contributions—Article 73 of the Companies Act mandates an expert report by a registered auditor. This process ensures the valuation and legitimacy of non-cash contributions, maintaining financial and legal transparency.

At FACT, our expert reports are fully compliant with Maltese and EU regulations, supporting both domestic and cross-border transactions. We assist businesses in structuring capital contributions efficiently, ensuring compliance while maximising tax and corporate structuring benefits. Whether you are restructuring a company, issuing new shares, or engaging in complex capital transactions, our auditors provide the necessary due diligence and expert analysis to support your business goals.

Audits of Security Holdings

For businesses managing security holdings, financial accuracy and asset verification are essential for compliance, investor confidence, and operational security. Our security holding audits provide an independent review of assets under management, ensuring transparency, proper classification, and the integrity of financial records.

We work with businesses that require:

• Third-party verification for security deposits and asset management structures.
• Independent audits for investment portfolios and financial securities.
• Compliance audits for regulatory filings related to security holdings.

By ensuring that all financial assets are properly accounted for and safeguarded, our security holding audits help businesses build stronger financial credibility and meet verification requirements with confidence.

Management Report Audits

For organisations that need verified management accounts and financial plans for board presentations, investor meetings, or regulatory oversight, our Management Report Audits provide a thorough financial assessment.

We review and validate financial data, ensuring:

• Accuracy in financial reporting – Confirming that management reports align with the business’s actual financial standing.
• Integrity in financial projections – Assessing the feasibility of growth strategies, investment plans, and operational forecasts.
• Compliance with governance standards – Ensuring that financial reports adhere to best practices and board-level expectations.

By offering an independent, expert review of financial plans, we provide businesses with the assurance and credibility they need to make strategic financial decisions.

Additional Specialist Audit Services

Beyond our core special audits, we provide a range of bespoke audit services designed to meet the specific needs of businesses operating in complex financial environments. These include:

• Audits of conditionality terms – Ensuring businesses meet the financial conditions required by investors, lenders, or regulatory authorities.
• Equity-related expert reports – Providing due diligence and verification for equity transactions, mergers, and capital restructuring.
• Assessments of non-cash contributions – Verifying the fair value of non-cash capital injections, ensuring compliance with corporate governance standards.

Each of our specialist audit engagements is carefully scoped to meet the exact level of assurance required, providing businesses with tailored, high-value audit solutions.

Why Choose FACT for Special Audit Reports?

At FACT, we take a client-centric approach to specialised audit services, combining technical expertise with a commitment to transparency, compliance, and strategic insight. Our rigorous audit processes are designed to not only meet legal and financial reporting obligations but also provide businesses with meaningful insights that support financial growth and stability.

Our deep understanding of Maltese and international financial regulations ensures that every audit we conduct is aligned with industry best practices, giving businesses the confidence they need to operate in a complex financial environment. Whether you require an expert valuation report, an independent audit of security holdings, or an assessment of financial projections, our team provides meticulous, high-standard audits that enhance credibility and trust.

Contact us today to learn how our special audit services can support your business.