CMA National Management Accounting Conference 2016

Tuesday, 28 June 2016 00:03 -     - {{hitsCtrl.values.hits}}

  • Total Cost Management key enabler of economic activity
  • Prominent speakers for technical sessions of Day 1

Prominent speakers will address and take part in panel discussions on Day 1 of the CMA National Management Accounting Conference 2016. The conference will highlight the importance of Total Cost Management to improve the competitiveness, efficiency and effectiveness and reduce wastage of organisations especially in the manufacturing sector, government and state owned institutions and to create an awareness of the importance of TCM as a key enabler of economic activity.   

The keynote address on the first session Total Cost Management and Economic Development will be delivered by Minister of Finance Ravi Karunanayake followed by a panel discussion comprising leading economists, present and past Central Bankers and Business Community. They include Central Bank Deputy Governor Dr. Nandalal Weerasinghe, Central Bank Former Deputy Governor W.A. Wijewardena, Ceylon Chamber of Commerce Former Chairman and Lion Brewery PLC Managing Director Suresh Shah and University of Colombo Professor of Economics Prof. Sirimal Abeyratne. 

The Chairman and Moderator of the session will be Dinesh Weerakkody Advisor Ministry of National Policies and Economic Affairs and Chairman Human Resource Development Council of Sri Lanka.

The second session will be on Cost competitiveness and TCM as a key enabler. Here the speakers will address the topics Cost Management – Using models for costing purposes by Prof. Ho Yew Kee from the National University of Singapore, Total Cost Management by A.N. Raman CII – TCM working group and advisory council member of CMA Sri Lanka and a Past President of SAFA, Total Cost Maturity model by Nagesh Babu Senior Counsellor CII-TCM Division. CII-TCM have signed an MOU with CMA to implement TCM in Sri Lanka and a pilot study will be undertaken with shortlisted industries. The Chairman of this session will be F.X.R. Pereira, Consultant, Effex Ltd.

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Session 3 will be on Experiences of Total Cost Management. The topic Total cost management in the pricing of electricity will be addressed by the president of Institute of Cost and Management Accountants of Pakistan Mohammed Iqbal Ghori. The second topic will be on Cost Management – bridging the human and technical aspects to meet strategic objectives. This address will be delivered by Jim Piechowski Director International Operations, Institute of Management USA. The third speaker from ITC Foods Murali Ganesan, CFO, ITC Foods, Bangalore will speak on the Topic TCM application in ITC foods for improving cost competitiveness. The Chairman of this session will be Adrian Perera, Council Member, CMA.

The final session on day 1 will be a key Note Address and a panel discussion on Total Cost Management in Government and State Owned Enterprises to achieve financial discipline. The key Note address will be delivered by Minister of Special Assignments Dr. Sarath Amunugama followed by a panel discussion comprising COPE Chairman Sunil Handunhetti, Minister of Petroleum Resource Development Chandima Weerakkody, COPE Former Chairman D.E.W. Gunasekera, Deputy Minister of State Enterprise Development Eran Wickramaratne, and together with secretaries of some key ministries. This session will be moderated by Lal Nanayakkara a former chairman of the Peoples Bank and a Fellow Member of CMA.

The conference is specially meant for directors, CEOS, management and financial accountants, managers and executives in marketing, IT, human resource, banking, finance, insurance, key management of state owned enterprises and government, professors and lecturers of universities, technical colleges, professionals and others in industry, commerce, non- profit institutions and professional bodies. Those interested to register for the conference can contact Shanthi on 071-4705536, email: [email protected] on or before 30 June. Special discounts will be applicable based on the number of registrants.

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