Averil
Ludowyke
Averil is a fellow member of the Institute of Chartered Accountants of Sri Lanka, and a fellow member of the Chartered Institute of Management Accountants, UK. She has over 24 years of experience in Ernst & Young and 12 years of industrial experience in finance and accounting.
Experience at EY
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Averil is the Partner leading the Forensic and Integrity services in Sri Lanka, a unit that provides fraud prevention and investigation services.
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Averil has led the firm’s forensics services in investigations, IT forensics, forensic data analytics, corporate compliance, fraud prevention, anti-money laundering engagements, integrity due diligence and disputes.
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She is also the lead engagement audit Partner of several groups of companies in Sri Lanka.
Experience at EY
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Led the Forensics team in several investigations of cash, inventory, disbursement, financial statement falsification, and other types of fraud in various sized businesses within multiple industries all over Sri Lanka. These clients include service organizations, hotels, manufacturing companies, hospital laboratories, tea factories, charities, educational institutes, airline and foreign travel companies, non-governmental organizations and telecommunication service providers, among others.
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Partner in charge of several AML/CFT compliance assessments, enterprise wide risk assessments and anti-fraud assessment programs in leading banks and finance companies in Sri Lanka. Conducted workshops for employees of banks and finance companies in AML/CFT regulatory requirements.
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Investigative reports produced by her forensics team have been used by the Criminal Investigation Division (CID), Sri Lanka Police and Lawyers in litigation. Investigative reports have been used in civil cases, by the commercial high court, by the labor tribunals and in domestic inquiries of clients. Her team has on many occasions provided expert witness to the courts in relation to investigations.
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Conducted integrity due diligence engagements on behalf of potential overseas investors and corporate compliance engagements
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Averil has conducted several public seminars in fraud prevention and detection with the Sri Lanka Institute of Directors, Ministry of Public Enterprise Development, the CIMA, National Chamber of Commerce, Institute of Internal Auditors, and the Institute of Chartered Accountants of Sri Lanka.