‘Financial Reporting and Tax updates’ from BDO at Acclivity seminar

Thursday, 6 February 2020 00:57 - - {{hitsCtrl.values.hits}}

The competitive work environment strives to discard those with poor technical skills and competence. A finance professional’s defence against technical obsolescence is to enhance one’s corporate accountability through technical competence. There are numerous technical updates which critically affect corporate decisions and the relevance of technical changes in enhancing accountability is vital.

The seminar ‘Financial Reporting & Tax updates’ organised by Acclivity is aimed at ensuring that professionals in the financing background can keep abreast of the fast-paced changes in Financial Reporting & Tax. It will be hosted at the CIMA Auditorium, Colombo on 14 February from 9 a.m. to 12 noon.

There will be two segments to the seminar. One would be the recent tax changes proposed by the Cabinet of Ministers encompassing Income Tax, WHT, VAT, ESC, NBT, DRL which will be presented by BDO Sri Lanka Tax Partner Sarah Afker.

The other segment would be financial reporting updates conducted by BDO Consulting Managing Director Nishan Fernando. He will share knowledge on the latest financial reporting updates for December 2019/March 2020 Year Ends including SLFRS 16 (Leases) and IFRS – IC Agenda Decisions.

Speaking to the media, a spokesperson of Acclivity stated, “This is not purely the coverage of technical areas encompassing Financial Reporting and Tax – but it is a practical guide to the professionals from the financial sphere. It will be aimed at addressing the practical issues related to the implementation, monitoring and educating the juniors of the changes.”

The program is powered by TextWare, messaging partner and print media partner The Sunday Times, Daily Mirror, and Daily FT. For further details and registrations, interested parties may reach Shiwantha via email: [email protected] or tel: 071 3331 466.