For Constitutional Revision:

SAFA Task Force in Colombo

The SAFA Task Force

The South Asian Federation of Accountants (SAFA) decided to amend its existing constitution to implement its activities with increased efficacy in order to reach their established goals. The decision to implement a constitutional revision was taken up by the SAFA Task Force at its meeting held in Dhaka, Bangladesh in 2009.

The SAFA Task Force entrusted with the responsibility of manipulating the constitutional revision met in Colombo recently. The event was hosted by the Institute of Chartered Accountants Sri Lanka (ICASL) and the identified key areas of constitutional amendment were the content of discussion.

ICASL President Sujeewa Mudalige said that it is of great pride for ICASL to coordinate an event of this significance since the impact of the decisions reached at this meeting will have a great impact in the way SAFA conducts its activities in the future. SAFA accountancy bodies will have a significant say in the rapid economic development taking place in their respective countries and hence there was need to strengthen the relationships between the bodies and also to assist each other in developing the profession, he said.