Publications: Recent submissions

  • Can We Place Entire Web site Development Cost in One Bucket? 
    Dayananda, K.H.N.K.; Thilakrathne, P.M.C. (Department of Accountancy, University of Kelaniya, 2016)
    NK Logistics (Pvt) Ltd is a limited liability company incorporated in and domiciled in Sri Lanka. The company has invested in a fully owned subsidiary called “TT Destinations (Pvt) Ltd” in the audited financial year, ...
  • Revenue Recognition of Construction of Houses 
    Perera, G.M.H.K.; Jayamaha, A. (Department of Accountancy, University of Kelaniya, 2016)
    XYZ (Private) Limited is a medium scale construction entity, which construct houses for low income earning community. The shares of the entity are held by Mr. A and Mr. B who are also members of the board not-for -Profit ...
  • Can it classify as Inventory or PPE? 
    Vimukthirathne, T.H.N.; Aruppala, W.D.N. (Department of Accountancy, University of Kelaniya, 2016)
    ABC shipping (private) Limited is a limited liability company incorporated in Sri Lankan and registered under the companies Act no 7 of 2007.It is a transportation Company. Company owns a ship which is called as ...
  • Is it a Liability or Other Income? 
    Wedage, C.M.; Aruppala, W.D.N. (Department of Accountancy, University of Kelaniya, 2016)
    ABC (PVT) LTD is a family owned limited liability company. The principal activity of the company is rent & lease out of a modern office complex with high quality facilities. During the period the company has written back ...
  • Non- Recognition of Capital and Revenue Expenditure 
    Rathnasekara, R.T.A.K.L.; Perera, P.R.M.R. (Department of Accountancy, University of Kelaniya, 2016)
    The NOP Lanka Ltd is a manufacturing organization and their prime activity is recycling of lead acid battery scrap and smelting of lead concentrate to produce lead ingots and polypropylene chips. For the production Battery ...
  • Full impairment of a Property Plant and Equipment Purchased in the Current Financial Year 
    Rajapaksha, S.R.; Silva, N.L.C. (Department of Accountancy, University of Kelaniya, 2016)
    ‘LSI Rubbers (PVT) LTD’ is operating as a group of companies, which produces and sells Rubber, Tea, Coconut and Cinnamon. Major portion of its income is recorded to be received from rubber production. A machine has ...
  • Identifying the Issue by Using Audit Trail Report 
    Arachchi, K.A.H.S.K.K.; Madurapperuma, M.W. (Department of Accountancy, University of Kelaniya, 2016)
    PQR (PVT) Ltd is one of the leading companies in Construction & Engineering sector which is importing and selling raw material for building constructions. The company uses Quick Book Accounting Software to record daily ...
  • Disclosure of Director’s Loan. Case Studies in Accounting “Bridging the Gap” 
    Priyanganie, K.A.I.; Priyanganie, K.A.I. (Department of Accountancy, University of Kelaniya, 2016)
    XYZ (Pvt) Ltd is a limited liability company which is engaged producing, importing and hiring films all over the country. They are distributing films using their own circuit of film halls and other circuits, and providing ...
  • Classification Issue of Non-Current Assets 
    Chandrarathna, A.G.K.; Thilakarathna, P.M.C. (Department of Accountancy, University of Kelaniya, 2016)
    ABC Ltd is a company incorporated and domiciled in Sri Lanka. Company has a building which owns to them and it has two floors. They have marketing department, information technology department and Accounts department ...
  • How to Treat in Transfer Pricing Requirement? 
    Keerthirathne, D.G.I.C.; Bandara, R.M.S. (Department of Accountancy, University of Kelaniya, 2016)
    XYZ (Pvt) Ltd is a fully owned subsidiary of the PQR Holdings PLC. Its main business operation is providing telecommunication services and solution. XYZ (Pvt) Ltd has faced to a credit shortage issue as it provide services ...
  • Reinstatement of Fully Depreciated Assets 
    Thilakarathna, P.G.C.M.; Kaushalya, M.P.D. (Department of Accountancy, University of Kelaniya, 2016)
    XYZ Bank is firmly established as a Sri Lanka’s premier financial services organization. Today the Bank’s portfolio of products and services is diverse and comprehensive, to facilitate commercial banking, personal ...
  • Valuation of Inventory at Selling Price 
    Priyanganie, K.A.I.; Wijesinghe, K.D.G.N. (Department of Accountancy, University of Kelaniya, 2016)
    PQR limited is limited liability Company which is engaging a retail business as a super market with more than 300 Outlets Island wide. It imports and locally purchases groceries, provisions, liquor, house hold items and ...
  • Improper Recognition of Foreign Funding for the Stated Capital 
    Maheshika, U.P.W.; Sujeewa, G.M.M. (Department of Accountancy, University of Kelaniya, 2016)
    Royal (Pvt) ltd is a limited liability company, which was incorporated on the 28thof October 2014. This company is a joint venture company, jointly controlled by Royal international company in India and Royal Ltd in Sri ...
  • Inaccurate Goodwill Computation 
    Kalubovila, K.D.W.S.; Bandara, R.M.S. (Department of Accountancy, University of Kelaniya, 2016)
    XYZ is a quoted public company registered under the companies act no. 07 of 2007 in Sri Lanka. The company operates its business activities through 92 branches covering all eight provinces. The principal business activities ...
  • Does it Worth Capitalizing? 
    Chathuri, I.P.D.; Thilakarathne, P.M.C. (Department of Accountancy, University of Kelaniya, 2016)
    ABC Active (Pvt) LTD is a separate legal entity under Active cluster of ABC (Pvt) LTD. ABC (Pvt) LTD is a $1.2 bn conglomerate and is positioned as one of the world’s most recognized Design–to-Delivery Solution Providers ...
  • Revenue Recognition of a Related Party Company According to “Transfer Pricing” 
    Thishanthi, G.T.; Kawshalya, M.P.D. (Department of Accountancy, University of Kelaniya, 2016)
    XYZ Developers Group is a group which consists with three BOI registered companies. The businesses of the companies are purchasing lands, constructing apartment buildings and sell them to customers. As the companies ...
  • Tightening the Internal Controls 
    Mirihagalla, M.K.D.L.; Silva, N.K.L. (Department of Accountancy, University of Kelaniya, 2016)
    XYZ Ltd is a company engages in distribution of pharmaceutical products to pharmacies, groceries, hospitals and doctors. The distribution channel directly operates with credit and cash sales through sales agents and cash ...
  • LKAS 16 and Componentization 
    Gunasekara, T.M.T.D.; Abeywardhana, D.K.Y. (Department of Accountancy, University of Kelaniya, 2016)
    Mega PLC established on the 1st November 1969. It is empowered to generate electrical energy, transmit the same and distribute it to reach all categories of consumers and to collect the revenue. It is the duty of the ...
  • Recognition of Bearer Plants under Biological Asset or PPE 
    Rathnayake, N.O.P.; Perera, H.A.P.L. (Department of Accountancy, University of Kelaniya, 2016)
    Flora Exotics (Private) Limited (“Company”) is a limited liability company incorporated and domiciled in Sri Lanka. The principal activity of the company is to grow and export horticultural products engendered from tissues ...
  • Improper Recognition of Commission Income from Importing Vehicles to the Permit Holders as Sales Income 
    Meepegama, U.E.; Sujeewa, G.M.M. (Department of Accountancy, University of Kelaniya, 2016)
    ABC (Pvt) Ltd as the Sole agent for X kind of vehicles in Sri Lanka is dedicated to servicing the needs of their customer by providing them with a range of vehicles and attending to their requirements with impeccable ...

Search Digital Repository


Browse

My Account