Acclivity to host workshop on ‘New Trends and Best Practices in Budgeting 2020’

Friday, 24 January 2020 00:00 - - {{hitsCtrl.values.hits}}

Budgeting and planning now needs to be real-time, collaborative and inclusive of both financial and non-financial data. The trend towards incorporating modern day tools and best practices such as algorithms, machine learning, and deep dive analytics demands upskilling of employees involved within the process. It is with this aim that Acclivity will host a workshop on ‘New Trends and Best Practices in Budgeting for 2020’, on Monday 27 January, 2.00 p.m to 5.00 p.m at the CIMA Auditorium, Colombo.

Speaking to the media, a spokesperson of Acclivity stated, “Many organisations operating in a fluid and ever-changing business environment face the challenge of projecting future performance based on the most recent numbers and time frame. This is because organisations today work in more diversified and volatile business environments. Adoption of best practices would help organisations respond more effectively to market trends. The workshop will create a platform to learn and discuss real-life work and scenarios that illustrate new trends and best practices.”

Commercial Bank PLC Chief Financial Officer Nandika Buddhipala will deliver the keynote address on how the finance function could meet today’s requirements and what tools are available to improve the efficiency of the budgeting process. He will also touch on how performance can be measured against long term goals within today’s dynamic environment.

The workshop will also feature a panel discussion by Buddhipala, Moore Stephens Consulting Ltd. Managing Director Tishan Subasinghe, NorthBay Solutions Software Architect (Data Science) Selvandra Selvarajah, Dialog Axiata PLC Group Corporate Planning and Strategy Vice President Munesh David and Hayleys Advantis Ltd. Group Finance Director Sriyamal Gamage. Ernst & Young Partner Anoji De Silva is expected to moderate the session.

The program is powered by CIMA, Moore Aiyar and NorthBay, in association with Messaging Partner TextWave and Print Media Partner The Sunday Times, DailyMirror and DailyFT.