HLB Edirisinghe & Co.
Chartered Accountants

The Firm’s philosophy as Auditors extends beyond "expressing an opinion" on the financial statements. As routine practice we advice all Audit Clients on weak areas in their accounting, effective use of resources and savings on taxes.

The Firm’s audit base is over 300 clients. There are also instances where we assist smaller clients to prepare accounts during the course of our Audit Work.

The Firm has a tax base of over 300 clients; both corporate and individuals.

Our Audit Sirvice Include:

• Audits of Corporate, Govt.-Institutions and Non-Corporate Clients, banks, Estates.
• Share valuations.
• Investigations.
• Certification on Financial performance used mainly for Govt. Compliance.
• Internal Audit assignments.
• Accounting work.
• Sweep Auditors. Presently to the National Lotteries Board; the largest in the Country.
• Tax Planning and Investments covering Income Tax, Sales Tax, and other Taxes.
• Advising and giving opinions on the Interpretation of Statutes.
• Representing clients with the Inland Revenue Authorities for negotiation, arguing appeals...
• Preparing Tax Computations, Tax Returns, Capital Computations for Tax Authorities.
• Attending to Tax Payments of Clients..
• Submitting appeals and objections in terms of the laws.
• Assisting clients in Tax Court Cases.
• Due diligence studies.

PE Management Consultants (Pvt.) Ltd.

The Founder Director who is also a Fellow Member of the Chartered Institute of Management Accountants, England, ranks amongst the best management consultants in the country. Many organizations including those for whom we do not provide Audit & Tax services consult us on various management consultancy matters. These organisations include quoted Companies in the county.

The Company base of regular clients amount to over 75 with an additional average of over 100 one-off services a year.

It is our aim to provide a comprehensive range of consultancy services to assist clients to arrive at a more effective solution to their planning and operational problems. Where necessary, we work in close association with technical specialists in other professional disciplines

The Company services include:

• Preparation of Project reports covering Technical, Marketing & Financial Studies
• Packaging funding arrangements.
• Preparation of applications for approvals for foreign investors (Board of Investment of Sri Lanka).
• Preparation of applications for Tourism/Hotel Approvals.
• Advising and participating in negotiations of Company buy-outs.
• Preparation of Commercial Agreements; vis. Investor Agreements, Joint Venture Agreements, Employee or Investor Share Ownership Agreements, Partnership Agreements...
• Introduction of Accounting Systems, Cost Control Systems, Budgetary Systems, Computerisation of Accounts.
• Restructuring of Companies.
• Provision of Computer Bureau Services; Accounting, Salaries, etc..

Businessmate (Pvt.) Ltd

We are known to provide a “one stop shop service” in this field. Many companies, including those for whom we do not provide Audit & Tax services, consult us on various Corporate Secretarial matters.

The Company base of Corporate Secretarial Clients amounts to over 250. The Company services include

The Company services include:

• Acting as Corporate Secretaries for reputed Companies including maintaining all statutory books.
• Giving opinions on Company Law and practices.
• Formation of Companies; the total service from the time of name approval to the point of opening of a Bank Account, including the supply of Seals, Statutory Books, etc....
• Acting as the Secretariat for Corporate Planning with technical inputs.
• Providing Executive Staff Recruitment and Head Hunting.
• Acting as Trustees for Buyers/Sellers of Businesses.
• Undertaking Share Issues, Bonus and Rights Issues, assisting in payment of Dividends.
• Attending Board meetings and Statutory meetings and keeping minutes.
• Acting as Registrars and Managers for Public Share Issues.
• Acting as Arbitrators. (A.T.P.Edirisinghe Arbitrator -registered With the Ceylon Chamber of Commerce).