Finance

Benchmarking National Budget 2026 and making theatrics of cheerleaders superfluous

The Sri Lankan National Budget for 2026 is poised to be a pivotal document, arriving at a critical juncture in the nation’s economic recovery and reform agenda Sri Lanka’s National Budget will be unveiled on 7 November 2025, and I hope it will be significantly different from the predictable rhetoric and theatrics we have heard […]

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Businesspersons: Better leaders of internal audit than professional accountants

The transformation of internal audit from a ‘policeman’ to a value-adding business partner has not been as rapid as that demonstrated by the finance and accounting function in the past three decades. While the finance and accounting function, driven by technology, data availability and data analytics, has transformed itself from a predominantly staid, boring, rules

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Rise of neo-conglomerates: Obsessive focus on core competencies

Despite the rapid decline in popularity of the traditional conglomerate as an effective business model, it is ironic that the five largest companies in terms of market capitalisation in the world, in United Stated Dollars trillions, as of 6 January 2025, were Apple (3.7), Nvidia (3.5), Microsoft (3.2), Alphabet (2.4) and Amazon (2.4) and they

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Your pricing is right when customers complain, but still buy

“An astutely crafted pricing strategy is an essential requirement of any business striving to succeed in today’s market. Pricing is much more than merely adding a margin over the cost of production. It drives product awareness, demand generation and customer loyalty and it influences customer perceptions, impacts sales and mirrors the company’s attitude to transparency,

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Emotionally intelligent CFO no longer an oxymoron – they exist

“The bottom line is CFOs must move beyond technical left-brain skills to develop competencies in people-oriented right-brain areas. Thankfully, in the world of finance, a paradigm shift is in progress with CFOs metamorphosing from guardians of finance to strategic, empathetic leaders. This new era of financial leadership is symbolised by real-world CFOs, like Kevan Parekh,

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Limiting Factor Analysis crucial in decision making amidst resource constraints

Policymakers must determine the level of full capacity national output in understanding the state of the economy and in making informed decisions regarding monetary and fiscal policies The Sunday Times of 28 April 2024 reported that plans are underway to lift the restrictions on the import of motor vehicles because a committee of Treasury Officials has

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From bean counters to business partners: Accountants of the future

It is not an exaggeration to state that the regimented, structured accounting/auditing training received by articled clerks, primes them to look at most things with a suspicious mind. Being inquisitive is fine, but being over suspicious will lead to wasted energy and poor relationships. Just like a leopard being unable to change its spots, most

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“Investment decision is crucial in this heated economic environment”: Ronnie Peiris

Avoiding the pitfalls and confronting the biases The Daily FT met up with Coach, Mentor and Consultant Ronnie Peiris, to understand the contents and context of the workshop he will be conducting on ‘Capital Budgeting – the Investment Decision’ on 2 November at the Cinnamon Lakeside (www.ronniepeiris.com). He highlighted the following based on his 45+ years’ experience

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The investment decision is so crucial; avoiding pitfalls and confronting biases

The Daily FT met up with Ronnie Peiris, Coach, Mentor and Consultant, in understanding the contents, and context of the workshop he is conducting on ‘Capital Budgeting – the Investment Decision’ on 27 October at the Cinnamon Lakeside (see www.ronniepeiris.com). He highlighted the following based on his 45 years of experience in projects ranging from $ 1 billion to $ 5 million

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The Chief Financial Officer: The ‘Preserver,’ ‘Reporter,’ ‘Creator’ and ‘Enabler’

Achieving the right balance between stewardship and business partnering was the key topic of discussion at the ‘Conformance vs. Performance’ session of the 4 modular ‘CFO of the Future’ training program conducted by Ronnie Peiris, Coach, Mentor, Consultant and former Group Finance Director, John Keells Holdings PLC, at the Cinnamon Lakeside on 24 February. After

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