Author Archives: surenraj

About surenraj

“Views expressed are my own”

Five tenets of good corporate governance

The corporate governance debate has come some way over the last decades, yet many still see it as a compliance exercise. Businesses need to realize the importance of a motivated and engaged workforce and positive relationship with their environment for … Continue reading

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Do Audit Committees understand Intangible Assets?

Understanding Intangible assets has become more relevant in modern business due to digital/technology companies and goodwill recognition raising concerns around valuation and impairment calculations. Goodwill has got in the news following the liquidation of a number of entities. Earlier this … Continue reading

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Key Audit Matters for Better Governance

From 2018 auditor reporting standards in Sri Lanka have changed to disclose many aspects of an audit on the face of the audit report. For listed companies, disclosure of key audit matters explaining significant matters on the report was made … Continue reading

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My Top 10 quotes to inspire a Board of Directors

The Board of Directors provides leadership to a company. The Board needs to demonstrate leadership characteristics and inspire teams to exceed their potential. These selected quotes are meaningful, inspirational and communicate specific leadership characteristics that are important to succeed as … Continue reading

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Usefulness of Independent Directors

This post is not titled ‘benefits’ of an ID because there are many benefits that are anticipated by the requirements for appointing IDs to public interest entities and many understand them. But it’s important that the benefits accrue to the … Continue reading

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EI for Board of Directors

What distinguishes great leaders from merely good ones? It isn’t IQ or technical skills, says Daniel Goleman. It’s emotional intelligence (EI): a group of five skills that enable the best leaders to maximize their own and their followers’ performance. The … Continue reading

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Earnings management – Legal or Unethical

It is difficult to explain if Earnings management is legal or not, but it is the creative methods of using different accounting techniques to make financial statements look better. Now that doesn’t exactly sound like a legal thing to do, … Continue reading

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