Page 60 - CPM Sri Lanka_ANNUAL REPORT 2022

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CPM Sri Lanka | Annual Report 2021-2022
10.2 TRANSACTIONS WITH RELATED PARTIES
Mr. M.B. Ismail, Treasurer of the Institute, is also the Managing Partner, SJMS Associates, an affiliate Deloitte Touche
Tohmatsu India LLP and a Director of Accounting Systems Secretarial Service (Pvt) Ltd.

The aggregate value of transactions and outstanding balances relating to entities in which a member of the Governing
Council of the Institute is also a Member of the Governing Council is as follows:

Name of the Institute/ Nature of Transactions Balance Transactions during Balance
Society transaction during the year outstanding as at the year (2020/21) outstanding as at
(2021/22) 31 March 2022 31 March 2021

Rs. Rs. Rs. Rs.
SJMS Associates an Professional 34,992 - 28,917 -
affiliate Deloitte Touche fees
Tohmatsu India LLP
Accounting Systems Professional 27,000 6,750 26,200 -
Secretarial Service fees
(Pvt) Ltd

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