On Friday, 6th February 2004, a one-day seminar was organised by 4th year  students who are reading for the Bachelor of Accountancy (Honours) degree in  the Faculty of Economics, Management and  Accountancy. This was held at the Howard Johnson Diplomat Hotel, Sliema. The theme of this seminar was "Management Accounting Practices in the New Millennium: An overview of the scenario/s unfolding
in our island home." After having conducted a detailed analysis of the Management accounting practices used within a number of local firms, chosen from various sectors of the economy, the students presented their findings to the audience. The presentations focused mainly on a description and evaluation of the traditional and contemporary Management Accounting techniques used by local concerns to gather the quantitative and qualitative information required to aid management in areas of decision-making, planning and control. The Dean, Professor Daniel Darmanin, the academic staff, the sponsors, the executives of the chosen companies and all the students following the course were present. The event was sponsored by KPMG, HSBC and APS Bank. The Association of Students of Commercial Studies (ASCS), FEMAís student organisation, also supported and promoted this event.