Adoption of newly effective accounting standards - SLFRS 15: Revenue from Contracts with Customers and SLFRS 16: Leases and their tax implications

Speaker: Speakers' details below


Our seminar aims to enlighten finance professionals on the implications surrounding the application of new standards and tax implications due to the changes.

Discussion topics 

  • Introduction to SLFRS 15 and SLFRS 16
  • Significant impact on the financial performance, financial position and disclosures to the financial statements
  • Discussion on transitional provisions
  • Income Tax, VAT, NBT and ESC implications on SLFRS 15
  • Income Tax, VAT, NBT, ESC and Stamp Duty implications on SLFRS 16


Suren Rajakarier, Head of Audit & Assurance, KPMG (Moderator) 

Fadhil Jiffry, Chief Financial Officer, MillenniumIT

S Thumilan, Chairman, Blue Ocean Group of Companies

Who will benefit

CEOs, CFOs, tax managers, audit committee members and accountants

What you can gain

  • Knowledge on SLFRS 15 and SLFRS 16 requirements
  • Understanding of impact to financial statements
  • Understanding of impact to reporting, systems, processes, business and human resources perspectives
  • Identification of key issues in adoption and implementation of new requirements
  • Tax implications in adopting SLFRS 15 and SLFRS 16


  • CIMA members and students Rs 3,500
  • Non members Rs 4,500
Date 03 April 2017
Time 09.00am - 12.00pm
Venue CIMA Auditorium, Colombo 05

We look forward to seeing you at the event.  If you would like more information, contact Kishnika Weeresinghe on +94 (0) 11 2503880 Ext 260 or

Download the registration form here.


Uditha De Zoysa, Director – Accounting and Advisory Services, KPMG | Suresh R I Perera, Principal – Tax & Regulatory, KPMG | N Hasna Hassan, Director – Tax & Regulatory, KPMG


Please email the completed registration form by 27 March 2017 to

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