whybakertilly

As a US$3.4bn global organisation with member firms in more than 147 territories, we have the scale to meet your changing needs, but the agility that helps you stay one step ahead. When you choose to work with a Baker Tilly member firm, you choose a firm that believes in the power of great relationships, great conversations and great futures. We know you by name and value our relationship. We are not afraid to have tomorrow's conversations, today. And we embrace the opportunities that tomorrow presents.

Achievements
33600
Staff
Worldwide
796
Offices
147
Countries

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Partners Profile

A Little About Us

Edirisinghe & Company trading as Baker Tilly is a member of the global network of Baker Tilly International Ltd.,
The members of which are separatend independent legal entities.

Businessmate (Pvt.) Ltd.,

Acting as company Secretaries, including maintaining all statutory books, other related services – Formation of Companies; Clients interested in these services could be put in contact with Businessmate (Pvt.) Ltd – now an independent entity.

 

PE Management Consultants (Pvt.) Ltd.,

Other related services – Feasibility/Project reports, Funding proposals, Govt. approvals, Provision of Computer Bureau Services; Accounting & Payroll, Executive Recruitment, Trusteeships, Company buy-outs & Restructuring of Companies, Commercial Agreements, company law compliances, Acting as Trustees for Buyers/Sellers of Businesses, Liquidations.

Audit Service

Our approach is designed to provide owners and stakeholders with a high level of confidence in the end result.

Enhancing the value of your business

Satisfying your compliance needs.

& Etc..

BUSINESS ADVISORY

Our Consultancy wing; PE Management Consultants (Pvt.) Ltd too goes beyond the “terms of reference” of an assignment and give advice and guidance on the options available in a given situation.

A Little About Us
Businessmate (Pvt.) Ltd.,
PE Management Consultants (Pvt.) Ltd.,
Audit Service
Business Advisory

Why You Should Choose Us?

One of the best Independent Professional Firms in Sri Lanka, providing all financial, business advisory, Corporate Secretarial and management consultancy services, under one umbrella.

Established in 1985, based in Colombo, with well-qualified professional staff to provide the highest level of professional services, based on client requirements, efficiently, in time and in all instances maintaining the highest professional standards.

Our Services

Resources of the Firm

The Firm’s staff of over 70 has the technical expertise and experience to efficiently and professionally carry through an assignment with success. The Firm also has in-house professional education programs with emphasis on practical situations. There is also a practice of Baker Tilly International for “work reviews” when Partners of member Firms visit each others countries. The Chartered Accountants of the Firm have had good exposure to fundamentals, with major emphasis on advising on “what if” situations. Our Founder Partner is considered one of the best Management Consultants in Sri Lanka, while the other Partners are well known for their expertise in Taxation and Corporate Secretarial Services. In addition to the nine Chartered Accountants, there are Three competent and experienced Tax Managers and two Corporate Secretarial Managers. All Staff members are computer literate and we operate in a total computer environment.

Our approach is designed to provide owners and stakeholders with a high level of confidence in the end result

The range of audit and assurance services offered by Baker Tilly Edirisinghe & Co. adds value whilst fulfilling our responsibility to report independently to an entity’s shareholders. We ensure that your financial statements properly reflect your business position. As a part of the audit review process our team will identify risk factors and alert management allowing you to stay ahead of the game. Our professionals work closely with your staff to maintain maximum efficiency and effectiveness in the financial reporting process.

Enhancing the value of your business

Our audit and assurance service encompasses inspection and assessment of financial statements and relevant assertions. Each audit is unique and we plan our audits to achieve an in-depth understanding of your business operations. We then assign the appropriate individuals and design the audit process to match your specific circumstances. We discuss the key factors that affect your business and major developments which have occurred during the year. We avoid tests that are of little or no relevance to key areas of your business. We use where possible high-end analysis on a risk-based model as the basis for our audit and related recommendations that we provide.

Satisfying your compliance needs

Baker Tilly Edirisinghe & Co. is committed to staying at the forefront of the technical and regulatory change. Our Technical and Regulatory– is headed by two Qualified Assurance partners with full-fledged experience working with audit committees, in-depth knowledge of Accounting and Auditing Standards. Our connectivity helps our clients gain information and know-how about the latest developments in this area. Our highly experienced technical team provides advice and assistance on regulatory matters.

Other areas where we can help

Our expertise also extends to an array of non-statutory assurance services such as

  • Special Audits for mergers and acquisitions.
  • Audits of Corporate, Govt.-Institutions and Non-Corporate Clients, banks, Estates Due Diligence Reviews.
  • Special Audits in connection with business valuations for buyers & sellers.
  • Certification on Financial performance used mainly for Govt. Compliance.
  • Internal Audit assignments.
  • Consulting Services on technical, accounting and financial reporting issues.

Baker Tilly Edirisinghe & Co. also provides assurance services for various charities and not-for-profit organizations.

 

Our Strength

  • Experienced Audit Teams
  • Open Communication
  • Effective Data Analysis
  • Candid Professional Advice
  • Pro-active Responses
  • Risk-based Audit Focus

 

Our Consultancy wing; PE Management Consultants (Pvt.) Ltd too goes beyond the “terms of reference” of an assignment and give advice and guidance on the options available in a given situation.

The main categories of services provided by us are:

  • Management Consultancy & Business Advisory Services.
  • Accounting work.
  • 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 Etc…
  • Introduction of Accounting Systems, Cost Control Systems, Budgetary Systems, Computerization of Accounts.
  • Restructuring of Companies.
  • Provision of Computer Bureau Services; Accounting, Salaries, Etc…
  • Company/Corporate Secretarial Advisory Services.
  • Giving opinions on Company Law and practices.
  • 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.
  • Due diligence studies.

Enhancing the value of your business

Our audit and assurance service encompasses inspection and assessment of financial statements and relevant assertions. Each audit is unique and we plan our audits to achieve an in-depth understanding of your business operations. We then assign the appropriate individuals and design the audit process to match your specific circumstances. We discuss the key factors that affect your business and major developments which have occurred during the year. We avoid tests that are of little or no relevance to key areas of your business. We use where possible high-end analysis on a risk-based model as the basis for our audit and related recommendations that we provide.

Satisfying your compliance needs

Baker Tilly Edirisinghe & Co. is committed to staying at the forefront of the technical and regulatory change. Our Technical and Regulatory– is headed by two Qualified Assurance partners with full-fledged experience working with audit committees, in-depth knowledge of Accounting and Auditing Standards. Our connectivity helps our clients gain information and know-how about the latest developments in this area. Our highly experienced technical team provides advice and assistance on regulatory matters.

Finance And Accounting Outsourcing Services

Businesses throughout the world are increasingly using third parties to carry out activities that the businesses themselves would normally have undertaken. Cost reduction pressures, increasing regulatory compliance and demands for a closer alignment to the business are driving organizations towards new finance and accounting operating models. Chief Financial Officers (CFO) of leading organizations are leveraging finance and accounting services outsourcing as a strategy to change their operating models. WNS offers industry recognized financial services outsourcing solutions that support end-to-end functions in a CFO’s office.

We extend your enterprises resources by leveraging our finance and accounting functional expertise, focus on operational excellence and delivery model. Clients outsource finance and accounting services so as to concentrate their resources on core business issues. Our services assist in standardizing financial processes and helps with lowering costs.

Our finance and accounting outsourcing service offerings include:

  • Introduction of Accounting Systems.
  • Cost Control Systems, Budgetary Systems.
  • Computerization of Accounts.
  • Provision of Computer Bureau Services.
  • Accounting and book keeping solutions.
  • Executive and Staff Payroll Processing together with statutory payments and requirements.

With our tax specialists as your advisors, you benefit from our thorough knowledge of the tax practice in the Middle East region and international tax laws combined with a sound understanding of your marketplace. Our integrated approach delivers significant improvements even to the most complex tax assignments.

For many years Baker Tilly Edirisinghe & Co. has been at the forefront of taxation developments. Hence we have developed particular specializations drawn from serving our diverse client base. We offer a full range of year-round taxation services both local and expatriate for personal and business clients. Whether you require routine annual compliance for your business or specialised advice to support your strategies, we will plan for and identify issues that address your situation as a whole, allowing you to make informed decisions.

 

Savvy Planning at Every Level

You can expect Baker Tilly Edirisinghe to give efficient and effective taxes advice by formulating bespoke solutions based on your unique circumstances. All our taxation services begin with a starting point for maximising of real value for your taxation. Our advisors will become familiar with your objectives and finances, and will work in anticipation of your needs. We will help you identify alternatives, understand the commercial considerations, and structure transactions in a way that achieves your objectives. Our proactive expert-led team will work closely with you and provide the assurance of meeting all tax compliance responsibilities in an accurate and timely way. With an established tax practice across our all offices , Baker Tilly Edirisinghe & Co. has extensive experience working with the Inland Revenue Department.

Proficient Tax Solutions

Baker Tilly Edirisinghe & Co. can help you plan a tax-efficient approach to every aspect of your interests locally and worldwide. We maintain a close working relationship with Baker Tilly member firms to advise on corporate, indirect and personal taxes. Our advice helps in reducing the effective tax rate, removing tax uncertainties, and achieving value through real cash savings. Our tax specialists have been involved in assisting a number of sizeable companies achieve their business aspirations in the Middle East region, while aligning with the overall group and parent company tax strategies.

We provide solutions for both direct as well as indirect taxes. Our expertise for the VAT / NBT and other indirect is unique for our clients.

Our Services include

  • 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 Etc…
  • 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.

CLICK HERE to download 2018 International Tax Survey Report

 

Baker Tilly Edirisinghe & Co. with the launch of its business school which focuses on executive and student education programs help you to explore new ways of thinking, discover how to make the contribution you always wanted. Perhaps even in ways you never imagined possible. Our education programs will empower you with the knowledge, skills, and long-term vision that lead to innovation and growth. And, you’ll will have knowledge that will continue to sustain you, long after your final class.
With Highly qualified professional lecturers and hand-picked local partner institutions ensure that we offer an outstanding level of part-time education for working adults and students allowing them to succeed.The the first program launched by the school is in partnership with Rehmanjee Training and Development Centre.

Click Here to More details – Baker Tilly Business School

Working hours

Mon. - Fri. 8AM - 5PM

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