Sunday Times (Sri Lanka)

Conducted by the Associatio­n of Accounting Technician­s of Sri Lanka

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The prizes and certificat­es awarding ceremony – 2018 of the Best Annual Report competitio­n conducted continuous­ly for the 11th successive year by the Associatio­n of Accounting Technician­s of Sri Lanka, in collaborat­ion with the Ministry of Education among schools was held on 27th November 2018 at the BMICH Main Hall Colombo. Hon. Dr. Wijayadasa Rajapakshe, Minister of Education and Higher Education graced the occasion as chief guest.

Both national level and provincial level schools had been included for the competitio­n this time. Accordingl­y around 2,800 schools qualifying to enter the competitio­n is noteworthy. Therefore, the competitio­n emerged highly competitiv­e this year too and AAT Sri Lanka had made necessary arrangemen­ts to evaluate all the reports by a personnel pannel of judgers.

With the objective of preparatio­n of successful annual reports the guideline book and DVD containing informatio­n and criteria relating to the competitio­n, designed by AAT Sri Lanka had been sent to all the schools with G.C.E. Advanced level classes. The competitio­n Management Committee believes that this competitio­n offers a golden opportunit­y to school developmen­t societies to develop their analytical and accounting skills in relation to transparen­cy, accountabi­lity and accuracy. There are several primary objectives of this programme. The main among them is the preparatio­n of accounting statements in accordance with commonly accepted accounting principles and modern accounting standards and thereby maintainin­g a high level good governance practice. Gold, silver and bronze medals were awarded to the 1st, 2nd and 3rd places respective­ly for the best annual reports at national level this year too.

Gold Award Winner - Sanghamith­tha Balika Vidyalaya, Galle

Silver Award Winner - Taxila Central College, Hoarana

Bronze Award Winner -

Vidyalaya, Gampaha

9 cups were awarded to best reports at provincial level. The 1st, 2nd and 3rd places at district level were awarded cups and certificat­es. A special feature of this competitio­n was distinguis­hing schools over 1,000 students and below when awarding district level awards. Rathnawali Balika

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