News

Congratulations..

Our Partner Joseph Jayaseelan has been appointed as the President of the Rotary Club of Colombo South with effect from 1st of July 2020.

Congratulations..

Our Joint Managing Partner Tishan Subasinghe has been appointed to the Member Development Committee of Confederation of Asian & Pacific Accountants (CAPA).
 
CAPA is a regional organisation representing thirty three national Professional Accountancy Organisations (PAOs) from twenty four jurisdictions that operate in Asia-Pacific region. CAPA members represent close to 2 million accountants across the region.
 
We wish him all the very best. 

CORONAVIRUS AND THE IMPACT ON GLOBAL BUSINESS

The Coronavirus epidemic has captured much media attention in recent weeks.  Many of my colleagues ask me whether it is being overblown.  The answer is no, it is a serious problem.  The issue is that it is a contagious disease caused by a virus which appears in animals such as bats, pigs, and small mammals, and has the capacity to quickly make the leap to “animal to human” transmission.  The other issue is that there is no cure or vaccination yet developed to prevent widespread infection.  The only thing that can be done for patients is supportive care to help the body’s own immune system fight the infection.  It is also frightening that unlike the typical flu which most severely impacts the very young and the very old, this virus also kills regular healthy adults as well.
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