Nishan

Nishan Fernando

Managing Director – BDO Consulting (Pvt) Ltd

+94-11-2421878-79-7

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Executive Summary

Nishan Fernando is the Managing Director of BDO Consulting (Pvt) Ltd. He is a Fellow Member of the Institute of Chartered Accountants of Sri Lanka, an Associate Member of the Chartered Institute of Management Accountants (CIMA) of UK and holder of an MBA from the Postgraduate Institute of Management of the University of Sri Jayewardenepura.

 

He has functioned as President, Vice President and  Council Member of the Institute of Chartered Accountants of Sri Lanka, as a Commission Member of the Securities & Exchange Commission of Sri Lanka, as a member of the Sri Lanka Accounting and Auditing Standards Monitoring Board, and from 2009 to 2013 had been functioning as Chairman of the Accounting Standards Committee and continues to be a member since then, which promulgates the Accounting Standards in Sri Lanka. Sri Lanka converged with IFRSs under his Chairmanship of the Accounting Standards Committee. He has also chaired the Center of Excellence for Standards and Quality and the Accounting Standards Committee of the South Asian Federation of Accountants. He represents Sri Lanka in the Asian Oceania Standard Setters Group (AOSSG) and serves in several working groups of AOSSG.

 

Nishan has also been a member of the International Accounting Education Standards Board of the International Federation of Accountants (IFAC) and currently serving as a member of its Consultative Advisory Group. He also serves as a member of the Professional Accountant in the Business Committee of the South Asian Federation of Accountants (SAFA). Mr. Fernando is a IFRS trainer certified by the Institute of Chartered Accountants of England and Wales (ICAEW) having attended its train the trainer programs on IFRS and on IFRS for SMEs. He has conducted many capacity building programs on IFRS in Sri Lanka. He has made country presentations at Regional Standards Setters Conferences of SAFA and of AOSSG.

 

He is also the Chairman of the International Financial Reporting, Implementation and Interpretation Committee of Sri Lanka. The Committee addresses the special requirements and Industry specific issues, and provides guidelines on those identified areas. He has also conducted many workshops, round table discussions and seminars on Accounting Standards.

 

Areas of expertise

  • IFRS Implementation & Reporting

  • Valuations & Due Diligence

  • Mergers & Acquisitions

  • IPO Management

  • Internal Control & Corporate Governance

  • Special Audit & Investigations

 

Education

  • FCA

  • ACMA (UK)

  • MBA (SJP)