Latest Findings

Mackwoods (Private) Ltd (2014)- Not Preparing and presenting consolidated financial statements (Reference: LKAS 27 paragraphs 9 and 10)
Piramal glass Ceylon PLC (2014)- Not Transferring the balance in the revaluation reserve directly to retained earnings at the time of disposal of an investment property which was previously classified as owner occupied property. (Reference: LKAS 40 Paragraph 61 and LKAS 16 paragraph 41)