Ariyarathna Jayamaha

• PhD (USQ):FCA(SL)
• Professor at University of Kelaniya

The phenomenon of the audit expectation gap (AEG) is a significant concern within the private sector while the AEG in the public sector has garnered little attention from scholars. However, it was found that the definition provided for the expectation gap is directly relevant to the context of public sector auditing as well. The purpose of this stu...

Purpose This paper reviews a substantial body of scholarly work on the audit expectation gap (AEG) for many years and aims to construct a new synthesis of the existing knowledge of the AEG discovered by numerous scholars in the world. Design/methodology/approach A broad search of the literature was conducted using a few AEG related keywords in the...

A lot of criticisms and discussions around the globe were radically boosted with the dishonourable corporate reporting along with the numerous financial scandals and downfalls of corporate giants in the world such as Enron, World Com, Arthur Andersen, and Xerox. Auditing profession in Sri Lanka was substantially damaged with the destructions of som...

This paper explores and measures technical efficiency of Humanities and Social Sciences Faculties in Sri Lankan Universities during the period from 2000 to 2016. In Sri Lanka, out of total 15 universities, there are 11 universities conduct degree programmes in Arts stream through faculties either Humanities or Social Sciences at different geographi...

Technical Efficiency of Management Faculties in Sri Lankan Universities K.K.K. Dharmathilaka Ariyarathna Jayamaha kkk@ucsc.cmb.ac.lk Jayamaha@kln.ac.lk University of Colombo School of Computing University of Kelaniya Sri Lanka Sri Lanka This paper examines and evaluates technical efficiency of Management Faculties in Sri Lankan Universities dur...

Internship has become an important component in accounting degree pragrammes in universities over the past decades. Academics and researchers believe that internship provides smooth transition of undergraduates from on-campus environment to the working environment (Muhamad et al 2009). Further, practitioners in accounting profession have identified...

In Sri Lanka annually millions of funds allocate from the Government budget to the universities in Sri Lanka to ensure quality higher education system. There are 15 universities were established and functioned under the apex body of University Grants Commission (UGC). The general concern that university's prestige depends on their teaching and rese...

In Sri Lanka, currently fifteen state universities operate under the apex body of University Grants Commission (UGC) in Sri Lanka. Planning and coordination of university education, allocation of funds, maintenance of academic standards, and regulation of the administration of those universities are functioned by the UGC. However, it is general con...

Abstract In Sri Lanka, currently fifteen state universities operate under the apex body of University Grants Commission (UGC) in Sri Lanka. Planning and coordination of university education, allocation of funds, maintenance of academic standards, and regulation of the administration of those universities are functioned by the UGC. However, it is ge...

Cooperative rural banks (CRBs) play an important role in providing the rural credit needs offering loans, pawning facilities and savings in rural sector in Sri Lanka. Last few decades even though large number of financial institutions has been increasing in Sri Lanka, CRBs have gained an increasing share of financial assets, which has been particul...

The primary objective in this study is to assess overall efficiency of MFIs in Sri Lanka by taking the sample of 16 MFIs operates in 2011. It was found that the majority of MFIs have become efficient over the study period. However, overall downward trend in mean efficiency scores indicates that MFIs did not use their inputs efficiently. Further fou...

Abstract In Sri Lanka, the formal rural financial sector comprises a large number of small financial institutions (SFIs). Among SFIs, cooperative rural banks (CRBs) play an important role in meeting the rural credit needs in rural sector in Sri Lanka. CRBs have gained an increasing share of financial assets, which has been particularly helpful for...

The budgetary process has been a part of management control system of the organization. This process encourages managers to plan, consider the stakeholders involved, provides information for improved decision making, increases and enhances communication and coordination among departments, and for evaluation. This paper seeks to evaluate budgetary p...

The concepts of efficiency have received a great deal of attention in many organisations. Many different approaches have been applied by many researchers to the measurement of efficiency changes in various types of institutions. The aim of this paper is to review the literature dealing with the concepts of efficiency and to review various technique...

The objective of this research is to find out the financial practices among Small & Medium-sized Enterprises (SMEs) in Sri Lanka. Further, it finds out the impact of financial practices upon business performance amongst SMEs in Sri Lanka. It had been observed that the SME sector has become a crucial segment and a major section of private sector in...

Many small financial institutions (SFIs) in developing countries make great effort to provide efficient services to the poorhouse holders. It is generally accepted that maintaining the financial strength which is importance in corporate governance mechanism of institutions, has a close relationship with the efficiency of financial institutions, alt...