Daily Mirror (Sri Lanka)

Global accounting president to deliver keynote at ...

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Internatio­nal Federation of Accountant­s (IFAC) President Dr. In-ki Joo, on his visit to Sri Lanka, will inaugurate the CMA – Sri Lanka Conference and deliver the keynote address, on January 24, 2020.

Dr. Joo’s keynote would be on the theme ‘Financial and Cost and Management Accounting for Developmen­t of SMES’, a topic of great importance for the developmen­t of the economy in Sri Lanka.

The special guest of honour, Prime Minister’s Senior Advisor on Economic Affairs and former Central Bank Governor Ajith Nivard Cabraal, will deliver the address on ‘The Role of Government in Promoting SME Developmen­t’. The welcome address will be delivered by CMA Sri Lanka President Prof. Lakshman R. Watawala.

This conference will be hosted by the Institute of Certified Management of Accountant­s of Sri Lanka (CMA – Sri Lanka) on Friday, January 24, 2020, at Taj Samudra, from 8:30 a.m. to 5:00 p.m.

The IFAC Global Survey in 150 countries on the small and medium practition­ers (SMPS) has shown that accounting profession­als are playing a major role to assist the SME sector with the use of technology, financial and management accounting consultanc­y, tax and advisory services.

The government is promoting the SME sector, supported by both the state and private banks.

Senior accountant­s, government and chamber officials, successful SMES, consultant­s and bankers will address the conference.

The conference would cover the following areas:

■ Sources of finance for small businesses.

■ Working capital and cash flow management.

■ Costing and pricing of products and services.

■ Taxation and incentives.

■ Use of technology for business success.

■ Role of SMPS in providing consultanc­y services to SMES.

■ Preparatio­n of accounts as per IFRS standards.

■ Integrated reporting for the SME sector.

■ Panel discussion with bankers, government authoritie­s and successful SME companies. This conference is suitable for financial and management accountant­s, consultant­s, directors, partners, owners, managers, executives, finance and accounting staff of SMES, government officials and academics.

Those interested in registerin­g should contact Shanthi at the CMA head office on 071-4705536 or e mail: registrati­ons@cmasrilank­a.org.

 ??  ?? Dr. In-ki Joo
Dr. In-ki Joo
 ??  ?? Ajith Nivard Cabraal
Ajith Nivard Cabraal
 ??  ?? Prof. Lakshman R. Watawal
Prof. Lakshman R. Watawal

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