General

Past President Sanjaya Bandara represents CA Sri Lanka at AOSSG, strengthening regional influence

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) continued to extend its influence across the region with the appointment of Past President Sanjaya Bandara as its official representative to the Asian-Oceanian Standard-Setters Group (AOSSG), the distinguished regional body that brings together accounting standard-setters from Asia and Oceania to advance the consistent application of high-quality financial reporting standards.

The appointment was formally communicated on behalf of AOSSG to CA Sri Lanka Chair Rana M. Usman Khan and Bandara. In his official communication, Khan extended a warm welcome to Bandara, acknowledging CA Sri Lanka’s longstanding contribution to the Group’s objectives and its continued commitment to strengthening financial reporting practices in the region.

CA Sri Lanka has been an active and valued member of the AOSSG since its inception, contributing significantly to the Group’s initiatives aimed at enhancing the adoption and implementation of International Financial Reporting Standards (IFRS). The Institute is also a member of the Chair’s Advisory Committee and currently leads one of the AOSSG Working Groups, reaffirming its leadership role in regional standard-setting activities.

Bandara served as the 26th President of CA Sri Lanka for the term 2022/2023. A Fellow Member of CA Sri Lanka, he holds a Bachelor of Science degree in Accountancy and Financial Management from the University of Sri Jayewardenepura and a Master of Business Administration from the University of Colombo.

He has served as a Board Member of the Confederation of Asian Pacific Accountants (CAPA) and the South Asian Federation of Accountants (SAFA). He is also a Member of the Board of the Sri Lanka Accounting and Auditing Standards Monitoring Board (SLAASMB). With over 25 years of professional experience, Bandara currently heads Assurance at B. R. De Silva & Co., a member firm of Nexia International. In addition, he also serves as a Director of People’s Bank and several listed companies.

Source: Daily FT