Risk and ratings in the current economic climate

CIMA Sri Lanka Division will be hosting an evening discussion program with RAM Ratings (Lanka) Ltd on the topic ‘Risk and ratings in the current economic climate’ on July 16 at CIMA Sri Lanka Division Auditorium at 5 p.m.

Credit flow in the global financial markets has reached an almost standstill despite capital pumped in by governments and central banks. What is the rootcause for this? How can financial instruments devised to mitigate risk turn out to be the reason for financial turmoil and crisis for many organisations?

Whilst commitment to transparency and better governance takes the forefront, what other tools can management accountants deploy to avoid such occurrences in future?

This session will cover essential elements of the global economic and financial crisis and its impact on associated ‘risk’ of a company, the internationally growing concern on credit risk, the role of securities and credit default swaps, key concepts of corporate risk analysis and credit rating.

The forum will also cover the importance of CIMA Strategic Scorecard as an essential tool for Enterprise Governance especially during times of economic meltdown.

Resource persons will be CEO, RAM Ratings (Lanka) Ltd, Adrian Perera and Manager - Head of Rating, RAM Ratings (Lanka) Ltd Fran P. Jerome.