and simultaneously we will do a forensic audit,” he said. KPMG confirmed its Sri Lanka firm had been contracted to support the review. EY and Deloitte did not respond to a request for comment.

Sri Lanka had signed a loan agreement with China EXIM Bank to obtain $989 million to construct section one of the expressway, which aims to connect Colombo and Kandy. Audit reports show that only ...

The platform includes a built-in, easy-to-use suite of fully integrated tools for accounting, documentation ... companies from around the world (founders come from: Ireland, Sri Lanka, Bulgaria, ...

CFA Society Sri Lanka, in partnership with Deloitte Sri Lanka & Maldives announced a specialized course, “From Concepts to Closing: Mergers & Acquisitions Essentials,” to be held on 30 January ...

Deloitte was also accused of failing to properly audit the company’s books during the seven-year period. The firm’s alleged auditing errors – such as failing to write off quantities of ...

The Public Company Accounting Oversight Board issued a staff report Tuesday cautioning auditing firms about relying on the work of specialists who help with fair value measurements and accounting ...

Two tourists have died from suspected pesticide poisoning after their hostel in Sri Lanka was fumigated for bedbugs, Britain’s PA Media news agency has reported. Ebony McIntosh, a 24-year-old ...

By integrating AI into accounting education, ACCA Sri Lanka is bridging the gap between traditional learning methods and modern technology. This pioneering effort aims to empower students and teachers ...

China and Sri Lanka sign 15 cooperation documents China is Sri Lanka's biggest bilateral lender New Sri Lankan president also courting regional rival India BEIJING, Jan 15 (Reuters) - China and ...

The Public Company Accounting Oversight Board yesterday settled a disciplinary order sanctioning SS Accounting and Auditing and its owner and partner, Saima Sayani, for violating its rules and ...

The Sri Lankan government has initiated discussions with India’s Adani Group to reduce the cost of power from two wind power projects set to be constructed in the island nation’s northern ...

A Lowestoft firm has opened a new specialist learning disability residential school in Sri Lanka. Kingsley Healthcare co-founders Daya and Sumi Thayan opened the centre, which was funded entirely by ...