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The need for accounting technicians were emphasized in the master plan for Accountancy Education in Sri Lanka prepared by the Asian Development Bank Inception Mission in 1986 and following that AATSL was established in December 1987 on the model of the Association of Accounting Technicians (UK) and subsequently AAT Ireland (called Institute of Accounting Technicians Ireland) was formed in ...
Lanco Infratech (Lagadapati Amarappa Naidu and Company Infratech) was a large Indian conglomerate that became insolvent in 2017. [1] [2] It was involved in construction, power, real estate, and several other segments. One of the first Independent Power Producers (IPP) in India, in 2011 it became the largest private power provider in India.
The Department of Examinations is a non-ministerial government department of Sri Lanka and the national examination service. It comes within the purview of the Ministry of Education . The department is responsible for carrying out public examinations such as the General Certificate of Education Ordinary Level (SL) and Advanced Level and other ...
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) is a professional accountancy body in Sri Lanka.The Institute was established by Act of Parliament, No. 23 of 1959 as the sole organisation in Sri Lanka with the right to awarding the Chartered Accountant designation.
Insolvency is divided into two categories: cash flow and balance sheet. You can claim balance-sheet insolvency to the IRS if your liabilities exceed the fair market value of your assets.
The Accounting in Sri Lanka is regulated under the several legal regulations. There are several professional accountancy body in the country. The Sri Lanka Accounting and Auditing Standards Monitoring Board (SLAASMB) is the audit oversight entity, while the Auditor General of Sri Lanka has audit oversight over government all entities. [1]
The institute was initially established as "Society of Certified Management Accountants of Sri Lanka", on 3 June 2000 in Colombo Sri Lanka with the help technical assistance and the guidelines of Certified of Management Accountants of Canada (CMA Canada), now CPA Canada and the Institute of Management Accountants (IMA) of USA and International Federation of Accountants (IFAC) which is the ...
The Hardy Advanced Technological Institute [5] is located in Ampara, Sri Lanka. [6] Founded in 1956 by Prof. Allen Hardy as the Technical Training Institute with aid from the Colombo Plan, Food and Agriculture Organization (FAO) and the Asia Foundation, it was renamed as Hardy Senior Technical Institute (HSTI) in 1967. [7]