Aubrey Joachim

During my term as Global President of CIMA nearly a decade ago, the theme I chose for my year of leadership was a single word – ‘relevance’. The word relevance is perpetual. It is contextual to when it is used. It is extremely applicable to the finance function and the finance professional of the day. They must be relevant to the audience they engage with.At the time I flaunted the word it was clear that the role finance played in organisations was shifting from one of being passive and reactive toone that was more proactive. Management accountants had to shift their focus from just historical financial statement preparation to participating in actively managing their organisations. Today that expectation has jumped many notches.Every major global accounting body is boldly promoting their members as ‘business leaders’ who can strategically take organisations forward. The challenge is for finance professionals to live up to this high expectation placed upon them when they are employed in industry and commerce. In an attempt to force this realisation professional accounting bodies have not only enhanced the learning of strategy related subject matter in their syllabi but also included strategic ...

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Are Sri Lankan organisations lagging behind? We live in an era of ‘big data’. The volume of data in the world is doubling every five to six months and its growth is exponential.  Every large organisation has around 200 terabytes of internal data – one terabyte is 1,000 gigabytes. In addition every organisation has access to significant amounts of external data.  Eighty per cent of data is unstructured or semi-structured. Blogs, tweets, Instagram pictures, human movements, etc. are all extremely valuable sources of data that are captured today by a plethora of digital-enabled devices such as sensors, point-of-sale scanners, digital cameras and the like. The proliferation of data in today’s world is a huge opportunity that organisations must exploit. Easier said than done! This is the big challenge facing most organisations; firstly do they have the required data, and secondly do they know how to employ analytics to derive the ...

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Mass of Remembrance and Prayer Vigil for Sri Lanka from Archdiocese of Sydney on Vimeo. The Cathedral was packed to capacity. In fact it was overflowing. The crowd was whispering in soft murmurs. Politicians of all hues, service personnel, diplomats, religious dignitaries, and thousands of ordinary men and women had gathered.  The ringing of bells signaled the beginning of proceedings. Silence. The scent of incense wafted over the congregation. The cast of clergy made their orderly entry into the sanctuary in carefully choreographed sequence – seminarians, deacons, priests, bishops and behind them all walked the Archbishop of Sydney, the reverend Dr. Anthony Fisher. The multiple TV cameras and their operators swung into action. The throng of photographers began clicking. The clergy ascended the high alter sanctuary.  It is not often that a Catholic service is presided over by as many as four bishops. But, this was a special occasion – ...

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To Sri Lanka and Sri Lankans terrorism is not a new experience. The country suffered a 30 year scourge where the intent of the perpetrators was achieving a specific political and demographic outcome. The country is now facing a type of terrorism driven by an entirely different global agenda – one of ideology and hate of a way of life that is alien to the warped beliefs of a particular minority group. How Sri Lanka became fertile ground for such ideology is a topic for another day. The immediate need is for a strategy to curb and eliminate the cancerous spread of this malice not just in Sri Lanka but wherever it may take root. It must also be recognised that an ideology cannot be confined to geographical or spatial boundaries. Its tentacles can permeate across physical borders – much like crypto currencies in the world of fintech. Major global ...

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Click here or on the photos below to view the full album of photos on eLanka Facebook page     To Sri Lanka and Sri Lankans terrorism is not a new experience. The country suffered a 30 year scourge where the intent of the perpetrators was achieving a specific political and demographic outcome. The country is now facing a type of terrorism driven by an entirely different global agenda – one of ideology and hate of a way of life that is alien to the warped beliefs of a particular minority group. How Sri Lanka became fertile ground for such ideology is a topic for another day. The immediate need is for a strategy to curb and eliminate the cancerous spread of this malice not just in Sri Lanka but wherever it may take root. It must also be recognised that an ideology cannot be confined to geographical or spatial ...

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Claude Denzil Joachim, (Retd. P&T Dept. SL) Dearly beloved husband of late Emilda, loving father of Aubrey and Doyne Joachim and father-in-law of Nelum and Angela, much loved grandfather of Ryle and Dale, Nichole, Linda and Suzette and great grand-father of Zara and Hazel passed away peacefully on July 10th. Claude enjoyed 96 years of life in God’s great garden. Viewing and prayers will take place at White Lady Funeral Home, Pennant Hills, NSW, on Thursday,18th July from 6 PM to 8 PM. Thanksgiving Mass at Mary Immaculate Catholic Church, Barnier Drive, Quakers Hill, NSW, on Friday, 19th July at 10 AM, followed by burial at Castlebrook Memorial Park, Rouse Hill NSW at 12 noon. Source by [author_name] ...

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Fare thee well Lal Wickrematunge – diplomat extraordinaire By Aubrey Joachim   Diplomacy – the art of dealing with people in a sensitive and tactful way. Lal Wickrematunge epitomises this definition to the letter. It is for this reason that he is being felicitated by hundreds of Sri Lankans from multiple groups and social organisations in New South Wales leading up to his departure from Sydney mid-October. His four year stint as Sri Lankan Consul General in Sydney has come to an end all too soon. There has not been a predecessor who has achieved as much as Lal has during his time in office. Perhaps the most important on the list of achievements has been his attempt to bring the whole community together and projecting a united Sri Lankan diaspora. Let’s hope that what he started will continue. Lal had the uncanny ability to engage with every Sri Lankan ...

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Sydney’s Sri Lankan social happenings require a ‘What’s On’ magazine of its own. Every weekend sees multiple events – dances, parties, foodie events and the like. However, last weekend saw one of the best ever Sri Lankan social events. An year in the planning ‘Peerless Pearl’ will certainly set Sri Lankan tongues wagging and social media on fire. The gala 30th anniversary dance of the Old Josephians’ Association of New South Wales was a cut above any event seen in Sydney for many years. The president of the Association Chrys Fernando and his dance committee worked tirelessly and meticulously over 12 months to put on a show-piece event at the fantastic Events Hornsby Showroom – Hornsby RSL. The theme ‘Peerless Pearl’ was conceptualised and developed by Old Joe Kumar Fernando and his creative art director partner Liza Mortier who worked off the second stanza of the Josephian anthem – “Where ...

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  Image Source: Daily Mail    An eleven year old girl did Sri Lanka proud when she clinched Australia’s Junior Master Chef title 2020 on Monday night. Little Georgia of Lankan burgher heritage put Sri Lankan cuisine into the limelight when she enthralled Australian TV audiences (and now global online viewers) with exciting dishes that her ‘Sri Lankan nanna’ had taught her. Georgia, with her two bunny-like front teeth, sweet smile and innocent candour not only won over the show’s judges but the entire watching audience. Not only has she excellent cooking skills but also a sense of sparkling innovation. In the final dish of the competition when the presentation of her dessert combination did not come up to her expectations – and even made her cry – she promptly came up with a made-up name for her dish – ‘tropical mess’. Yet the combination of tropical tastes in the ...

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Image Source ABC News Just a few days ago we Australian Lankans were lauding the achievements of eleven year old Georgia who reached out to every Australian household and heart when she demonstrated her culinary prowess on national TV. Last evening (12th November) a Sri Lankan family also appeared on national TV (ABC 7.30 report – link below) in starkly contrasting circumstances. To me both instances bring out unique Sri Lankan stories. Raj Udawatta came to Australia in 2014 on a 457 visa to work as a mechanic and from all reports he was a very good one. In 2016 the family – wife Florence and their four children – joined him in Kempsey where they very quickly became ‘Australianised’. Florence interacted with the local church and got involved in a number of voluntary pursuits – a choice that would soon turn out to be an important one. Life was ...

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