CIMA evening discussion on ‘highlights of LKAS 32 and LKAS 39’

Monday, 18 July 2011 00:00 - - {{hitsCtrl.values.hits}}

CIMA Sri Lanka will be conducting an evening discussion programme on highlights of LKAS 32 & 39: financial instruments presentation, recognition and measurement on 19 July at the CIMA auditorium.

At a time when Sri Lanka journeying towards adopting international financial reporting standards CIMA is committed to enhancing and up-skilling its members and students engaged in the corporate sector through means of publications and discussion forums in this arena.

As the impact of convergence is not limited to financial accounting and reporting, but rather impacts a wider area of the business, management accountants will definitely benefit from a broader understanding of the new standards.

The upcoming discussion forum will focus on highlights of the two standards, and its application to businesses with specific emphasis on its impact on finance industry.

It will also cover the standard’s potential impact on risk management, treasury functions, financial accounting, reporting and auditing, and capital markets.

The deliberations at the forum will be made by Fadhil Jiffry, CFO of HSBC Sri Lanka; and Shazil Ismail, Finance Manager of Heraymila Securities Ltd.

Their thought-leads will be followed by an insightful and engaging panel discussion moderated by Jiffry; and participated by Ravi Abeysuriya, CEO of Heraymila Securities Ltd.; Manil Jayesinghe, Partner at Ernst Young; S. Nagarajah, Executive Vice President- Finance, DFCC bank and Nilanthi Sivapragasam, CFO of Aitken Spence PLC.

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