Why do strategies fail? Introduction Organizations spend a massive amount of resources on developing their strategies. An entity must take steps to ensure that their strategies have the best chance to become successful. Sometimes right strategies may also get fails. There are many reasons why strategy implementation fails. Why do they go wrong? There are
Should we pay tax? Despite COVID-19 as we work from home, we are indeed pleasure updating you on your tax liability and compliance requirements to avoid your ambiguity on your tax liability. Even though every organization is in the standstill temporary to prevent spreading COVID-19, we have to keep you informed about these tax changes
COVID-19 Outbreak vs Business Continuity As COVID-19 outbreaks in many countries, contingency planning has been essential within the business world. We suggest in order to overcome this situation; businesses should come up with new strategies to find solutions to ensure their business survival/continuity. They need to be innovative and should strengthen their toolset. Global Research
Working Capital & Cash Flow Management Please drop an email to chamara@scbcorporate.com for more details.
Business for Sale Please drop an email to chamara@scbcorporate.com for more details. Download PDF
REVISIT OF ECONOMIC SERVICE CHARGE (ESC) REGIME Very soon, ESC pushes businesses to consider adding it to its product’s pricing Economic Service Charge (ESC) was introduced with an intention to recover some tax in lieu of Income Tax from those entities that were exempted from income tax, and those who were declaring losses in the
Forming an Overseas company in Sri Lanka Forming an overseas company in Sri Lanka is a process. It requires knowledge and experience on how to form an overseas company under the Companies Act of Sri Lanka. This paper outlines some details for you to obtain an understanding of an overseas company formation in Sri Lanka.
Biggest ever-single error-payment we found 1. Introduction It is absolute happiness for our internal audit team as they found a payment of Rs. 2.3 million to a supplier of our client over a reversed Good Received Note (GRN). This is a biggest single error – payment we found in our internal audits. Our internal audit
Frauds through weak systems The Case : It was an investigation into a suspected fraud that was committed by an employee of our client. The client assigned our firm (SCB Corporate) to carryout a forensic audit in order to clear their doubts and prosecute a party. In our investigation, found that suspicion of the management
What causes to fail SMEs in Sri Lanka? Recently, I carried out a study on causes affecting business failure in SMEs in Sri Lanka. Some salient findings of the study that have been published in an article appeared in Daily mirror on 2016-01-05 (https://shar.es/16AimB) is given below for my blog fans. Here you can read with
