CA Sri Lanka to spearhead fresh initiative
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka)
will spearhead a fresh initiative in pioneering thought leadership among
Sri Lankan corporates by promoting integrated reporting aimed at leading
to better decision making across the business world.
In its capacity as one of the foremost professional organisations
which has consistently provided leadership and insight to the corporate
world, CA Sri Lanka will lead this fresh initiative with a line of
programmes scheduled to be held this month featuring both local and
foreign experts including Ms. SupernaKhosla, Relationships Director of
the International Integrated Reporting Council (IIRC).
The series of programmes organized by CA Sri Lanka will be the first
of its kind to be held in the country and will consist of a roundtable
discussion, a seminar and a CFO forum all focusing on integrated
reporting.
The integrated reporting series of programmes will kick off on July
8th with a roundtable discussion at CA Sri Lanka with the participation
of the country's leading corporates including organizations that have
already pioneered in adopting integrated reporting for their company's
benefit, while organizations which were awarded excellence at the Annual
Report Awards competition organized by the Institute will also be
invited to participate in the roundtable discussion.
The roundtable discussion will focus in detail on the consultation
draft of the international integrated reporting framework, how the new
framework has been developed and how this framework will add value to an
organization
The roundtable discussion will be followed by a seminar on integrated
reporting also on July 8th featuring Khosla from IIRC who will deliver a
detailed presentation on the topic including the many benefits
corporates can enjoy by adopting this process.
Her presentation will be followed by a panel discussion on 'global
outlook and national outlook' featuring Reyaz Mihular, Managing Partner
of KPMG, Suresh Gooneratne, Director of Diesel & Motor Engineering PLC,
Tishan Subasinghe, Chairman of the Integrated Reporting Task Force,
Aruni Rajakarier, Director of SheConsults (Pvt) Ltd and Chulendra De
Silva Vice President and Head of Sustainability and Enterprise Risk
Management of JKH.
The CFO Forum will be held on July 9th with over 150 Chief Financial
Officers expected to attend the forum where Khosla will make a
presentation followed by a panel discussion featuring a well versed
experts including Sujeewa Rajapakse, President of CA Sri Lanka, Arjuna
Herath, Vice President of CA Sri Lanka, Suresh Gooneratne, Director of
Diesel & Motor Engineering PLC and Aruni Rajakarier, Director of
SheConsults (Pvt) Ltd.
Integrated reporting which is among the most topical subjects in
today's global corporate world is a process that results in
communication, most visibly a periodic "integrated report", about value
creation over time.
An integrated report is a concise communication about how an
organization's strategy, governance, performance and prospects lead to
the creation of value over the short, medium and long term, including
the integrated representation of a company's performance in terms of
both financial and other value relevant information. Integrated
Reporting provides greater context for performance data, clarifies how
value relevant information fits into operations or a business, and may
help embed long-termism into company decision making. |