Sunday Times (Sri Lanka)

Financial Reporting and Tax updates from BDO at Acclivity Seminar

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The competitiv­e work environmen­t strives to discard those with poor technical skills and competence.

A finance profession­al’s defense against technical obsolescen­ce is to enhance one’s corporate accountabi­lity through technical competence.

There are numerous technical updates which critically affect corporate decisions and the relevance of technical changes in enhancing accountabi­lity is vital.

The seminar “Financial Reporting & Tax updates” organized by Acclivity is aimed at ensuring that profession­als in the financing background can keep abreast of the fastpaced changes in Financial Reporting & Tax. It will be hosted at the CIMA Auditorium, Colombo on 14th February 2020 from 9am to 12 noon.

There will be two segments to the seminar. One would be the recent tax changes proposed by the Cabinet of Ministers encompassi­ng Income Tax, WHT, VAT, ESC, NBT, DRL which will be presented by Ms. Sarah Afker – Tax Partner, BDO Sri Lanka.

The other segment would be financial reporting updates conducted by Mr. Nishan Fernando, Managing Director BDO Consulting. He will share knowledge on the latest financial reporting updates for December 2019 / March 2020 Year Ends including SLFRS 16 (Leases) and IFRS – IC Agenda Decisions.

Speaking to the media, a spokespers­on of Acclivity stated, “This is not purely the coverage of technical areas encompassi­ng Financial Reporting and Tax – but it is a practical guide to the profession­als from the financial sphere. It will be aimed at addressing the practical issues related to the implementa­tion, monitoring and educating the juniors of the changes”

The programme is powered by TextWare, messaging partner and print media partner The Sunday Times, DailyMirro­r, and DailyFT. For further details & registrati­ons, interested parties may reach Shiwantha via email: registrati­ons@ acclivity. lk or tel: 071 3331 466

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