Balapitiya Sri Rahularama Purana Viharastha Samanera Akalpa Sangwardena Bikshu Vidyalaya (Incorporation) Act 2023 · As enacted
10. Accounts and Auditing
Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.
Official translationFrom Department of Government Printing, unchanged
The financial year of the body corporate shall be the calendar year.
The body corporate shall cause proper accounts to be kept of its income and expenditure, assets and liabilities and all other transactions of the body corporate.
The accounts of the body corporate shall be audited annually by the Auditor General or a qualified auditor appointed by the Auditor General in terms of provisions of
Article 154 of the Constitution and be certified by the
Auditor General or a qualified auditor appointed by the
Auditor General.
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Balapitiya Sri Rahularama Purana Viharastha
Samanera Akalpa Sangwardena Bikshu
Vidyalaya (Incorporation)
Act, No. 25 of 2023
For the purposes of this section “qualified auditor”
means–
an individual who, being a member of the Institute of Chartered Accountants of Sri Lanka, or of any other institute established by law, possesses a certificate to practice as an Accountant, issued by the Council of such Institute; or
a firm of Accountants, each of the resident partners of which, being a member of the Institute of Chartered
Accountants of Sri Lanka or of any other institute established by law, possesses a certificate to practice as an Accountant, issued by the Council of such Institute.