The remote gaming sector, regulated by the Malta Gaming Authority (MGA), is subject to rigorous financial and regulatory scrutiny. BDO Malta offers specialised financial audit services tailored to meet the complex needs of remote gaming operators. Our services ensure that your financial statements not only comply with local and international regulations but also provide transparency and accuracy to stakeholders, investors, and regulators. 

 

Key Features of Our Financial Audit Services for Remote Gaming Operators 

• MGA Compliance and Financial Reporting Obligations

Remote gaming licensees are required to submit statutory financial statements in accordance with International Financial Reporting Standards (IFRS) and International Standards on Auditing (ISA). Additionally, these statements must include separate disclosures for player funds, jackpot funds, and player liabilities, ensuring transparency and compliance with MGA guidelines​ 
 

• Agreed-Upon Procedures (ISRS 4400)

For B2C licensees, we prepare Agreed-Upon Procedures (AUP) reports in line with ISRS 4400 standards. These reports cover essential areas such as gaming tax, gaming licence fees, and player funds. The AUP reports are separate from statutory audits and provide an additional layer of assurance over key financial data 
 

• Player Fund Audits and Risk Mitigation

Given the regulatory requirement to safeguard player funds, we conduct detailed audits on player fund accounts, ensuring that they are correctly classified and disclosed in line with MGA’s regulatory framework. This includes verifying that funds are adequately segregated from operational cash flow to mitigate risk​ 
 

• Risk-Based Audits

We adopt a risk-based approach to financial audits, focusing on high-risk areas such as gaming revenue, player liabilities, and AML compliance. This approach allows us to provide insights into potential financial and operational risks, ensuring robust internal controls and compliance​ 

 

Why BDO Malta for Remote Gaming Financial Audit? 

• In-Depth Industry Knowledge: BDO Malta brings extensive experience in the gaming industry, with a deep understanding of MGA regulations and the complexities of gaming financial operations. This allows us to deliver targeted, high-quality audit services that address the unique challenges of remote gaming operators. 

 

• Advanced Audit Technologies: We utilise cutting-edge technologies such as data analytics and automated audit tools to improve the accuracy and efficiency of our audits. This enables us to thoroughly assess large volumes of transactional data, detect anomalies, and provide more detailed insights into financial performance​ 

 

• Transparency and Trust: Our audit processes are designed to enhance transparency in your financial reporting. By integrating the latest audit methodologies, we ensure that your financial statements are not only compliant but also provide valuable insights for strategic decision-making​ 

 

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