A I Macan Markar & Co is a chartered accountancy firm founded in 1946 in Sri Lanka. It has 4 partners and provides auditing, taxation, management consulting, and IT services to clients across various industries. The firm also has associated companies that offer secretarial services, management consulting, and legal advice.

1. A I Macan Markar & Co
Chartered Accountants
No. 46- 2/1, 2nd Floor, Lauries Road,
Bambalapitiya Colombo-04. Tel. No : 2594205 / 2594192
Fax No : 2594285
Email Address : aimm@sltnet.lk
GENERAL
A I Macan Markar & Co (AIMM) was founded in 1946 by Late Mr A I Macan
Markar, FCA and since then there have been changes in the partners associated
with the firm from time to time, due to retirement. AIMM was approved as a
special firm to carry out Public Practice since 6th September, 1961. In April 1982,
the firm became an Associate Firm of the then Ford, Rhodes, Thornton & Co
(presently known as KPMG Ford, Rhodes, Thornton & Co) and ceased to be so on
18th June, 2004.
The Partners presently attached to the firm are:
Mrs. Sriranjani Vishnukanthan, FCA
A qualified Chartered Accountant in 1984, having served her articles first at
Satchchithanantha Schockman & Co and then at Rajaratnam & Co. Thereafter,
she started the partnership “S R Associates” with Mr. Rabendravarman, FCA in
1984. She is also the Precedent Partner of A I Macan Markar & Co since 2004.
Mr. Rajan Niles, ACA, FCMA
A qualified Chartered Accountant in 1992 having served at KPMG Ford, Rhodes,
Thornton & Co for ten (10) years and left KPMG as an Audit Manager. Thereafter,
he held senior positions in the industry for the last ten (10) years and finally
served as the Assistant General Manager – Finance of Asia Broadcasting
Corporation (Pvt) Ltd for six years until he joined A I Macan Markar in March
2009. He is also a Fellow Member of the Chartered Institute of Management
Accountants (CIMA) of U.K.
Mr. R. Rabendravarman, FCA
A qualified Chartered Accountant in 1975, worked as an Audit Manager in Pannell
Kerr Foster, a firm of Chartered Accountants in Sierra Leone, West Africa.
Thereafter, served as a Partner of “S R Associates” from 1984. He is also a
Partner of A I Macan Markar & Co since 2004.

2. Mr. E. Annalingam FCA
A qualified Chartered Accountant in 1976 and counts over 30 years of work
experience in Governmental and Non-Governmental organizations.
Managerial/Senior Staff
Mr A.U.Dangalla
Mr M Z A Cader
Ms K Thiruniraichselvi
Our total staff strength, including the Partners, would be thirty (30).
OUR SERVICES:
• AUDIT
The firm undertakes to carry out:
• Statutory and voluntary audit;
• General and special audit;
• Audit of Exchanges, Non-Budgetary Funds and Investment Institutions;
• Audit of Financial Statements prepared under in accordance with SLAS.
The firm is authorized by the Institute of Chartered Accountants of Sri Lanka for
conducting audit of accounting and financial reporting of all types of companies in
Sri Lanka.
We possess large experience in carrying out independent statutory and voluntary
audits, including audits of major industrial enterprises with a large number of
branches and affiliates.
We carry out audits taking account of interests of all types of users whom it may
concern:
• Shareholders;
• Top-management;
• Specialist Executives;
• Any other users of information.
• TAX AUDIT AND RELATED MATTERS
Our specialist staff is happy to undertake Tax Audit and assist to settle Tax
Disputes whereby the following types of work be carried out:
• Computation of income for tax purposes according to the Inland Revenue
act No:28 of 1979 and amendments thereafter.

3. • Completing tax return forms and submitting to Inland Revenue
Department.
• Advising on quarterly tax payments such as
• VAT
• ESC
• PARTNERSHIP TAX
• PAYE
• IT SELF ASSESSMENT PAYMENTS
• Professional support in the course of the inspection conducted by the
Inland Revenue. Preparation of computation of taxes after settlement the
disputes if any after the inspection.
• Representing clients’ interests before the authorities of the Inland
Revenue;
• Preparation of financial documents for Arbitration and other various
organizations and different purposes;
• Representing clients’ interests in all matters before in any of the State’s
Bodies including Tax Authorities, Arbitration, Support of the entrepreneurs;
Having expanded audit work and connected services over years, today the firm
provides clients with advisory services on the full spectrum of matters relevant
to:
• Tax Law.
• Labor Law.
• Laws regulating activity of Commercial enterprises and no-for-profit
organizations.
• Company Law
Special mention should be made of the protection of clients’ interests before:
• Tax authorities.
• Other State authorities.
IT-Consulting
Specialists of our IT department together with the other specialists of the firm are
able to assist in troubleshooting and problem-solving likely arising in the course
of following work:
• Client review for implementation of IT systems
• Development of information model of enterprise processes, establishment
of information frames and Automated Working Places (workstations);
• Development of customized software package, regalement of activity in
new working environment;
• Advising on system implementation, undertaking training of users, etc;
• Consulting on application of Accounting Software Packages;
• System integration of clients (consulting on acquisition of hardware and
software, network set up and network administration, software application,
etc.);

4. • Development, installation and running of software packages in the field of
management accounting.
Management consulting
These days one of the most sought after field of consulting is Management
Consulting. The firm offers the following services in the field of management and
administration consulting:
• Conducting of a company’s peer review:
o Financial analysis;
o Existing business processes analysis;
o Management system analysis;
o Analysis of how efficiently material recourses are used (material
surplus, finances, long-term assets);
o Production costs analysis and sundry expenses analysis.
• Financial management department. Assistance with elaboration and
implementation of specialist systems of management with a view to
increase of effectiveness of the use of a company’s financial resources and
conduct of business activity (including planning systems (budgeting) of
financial and material flows);
• Advising on aspects of optimization of property and costing structure (with
or without any tax mitigation schemes);
• Analysis of existing investment projects and elaboration of tailor-made
business plans taking account of clients’ specifics;
• Enterprise reorganization:
o External — organizational: enterprise reorganization, segregation of
business into independent enterprises, change of funding methods
and direction of financial flows;
o Internal — manufacturing: rearrangement in allocation of
production facilities amongst work shops, segregation of non-
profile, sideline production etc.
• Debt rescheduling;
• Conducting an appraisal of investment attractiveness of enterprises.
Analysis of investment projects and conduct of due diligence prior to
solicitations of investments and credits;
• Elaboration of corporate strategy and corporate management policies;
• Analysis of document management systems, elaboration and introduction
of advanced document management system;
• Executive search and staff & performance appraisal.
• Assisting in preparing budget, cash flows, variance analysis.
• Assisting in preparing project report.
• Assisting in obtaining BOI approval.
We provide legal and tax consulting services to middle-sized and large
companies

5. Our clients
Our clients are engaged in a variety of business activities in the following sectors
of economy:
• agriculture
• applied science/academy
• art
• banking and finance
• building industry
• computer-aided technologies
• education
• energy sector
• fish farming/fishing industry
• food industry
• forestry
• hotel/restaurant business
• leasing
• mechanic engineering
• medicine
• metalworking industry
• microbiology
• paper-and-pulp industry/printing/publishing
• public health and social services
• real estate
• tourism industry
• transportation
OUR ASSOCIATE COMPANIES
S.R.ASSOCIATES
“S.R.ASSOCIATES”, is a medium sized firm registered to carry on audit,
accountancy and tax advisory work. Expanded services include: financial
management, legal advice, management consulting in operation Since 1984,
MALORA MANAGEMENT & SECRETARIAL SERVICES (PVT) LIMITED.
A Private Limited liability Company incorporated in 1984 in Sri Lanka under the
Companies Act No:17 of 1982.
The Directors are
• Mr.R.Rabendravarman,FCA

6. • Mr.N.Vishnukanthan Attorney At law & NP, Commissioner of Oaths
• Mrs.S.Vishnukanthan, ACA
The Services provided are:
• Assisting in incorporating new companies.
• Obtaining BOI approval
• Providing secretarial services maintaining minute books, attending AGM.
• Filing annual returns to Registrar of Companies.
• Management Consultants.
• Legal Advice
CORPORATE MANAGEMENT CONSULTANTS (PVT) LTD,
Also incorporated as a Private Limited Liability under the Companies Act no;17 of
1982 in Sri Lanka
The directors are
• Mr.R.Rabendravarman,FCA
• Mr.N.Vishnukanthan Attorney At law & NP, Commissioner of Oaths
• Mrs.S.Vishnukanthan, ACA
The Services provided are:
• Writing up Books of Accounts
• Providing IT related services
• Preparing budgets, cash flows etc.
• Advice on internal Control systems.

7. OUR LICENSE
We are registered ourselves with the Western Province Provincial Council as a
Partnership in 1984.
Since we are the members of the Institute of Chartered Accountants of Sri Lanka, to
practice as Chartered Accountants we have to register ourselves as a practicing
members with the Institute and renew the membership every year.
S.R.ASSOCIATES/ A.I.MACAN MARKAR & CO

8. OUR ORGANISATION STRUCTURE:
PARTNER /
PROPRIETOR
*WORKING
PARTNER/SENIOR
AUDIT MANAGER
ADMINISTRATIVE **AUDIT TAX
MANAGER MANAGERS MANAGER
JUNIOR OFFICE ***JUNIOR AUDIT ASSISTANT
OFFICE CLERKS
STAFF MANAGERS MANAGER
TRAINEES
COMPUTER
OPERATORS
• *My Position
• ** Passed finalists 2 People
*** Final students 7 people