CA Sri Lanka to host conference on integrated reporting on 20 Oct.

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) will be the host for the much anticipated international financial event of the year, the international conference on integrated reporting which will be held on 20 October 2012 at the Waters Edge, Battaramulla.

Held on the sidelines of a series of high-level meetings of the Confederation of Asian and Pacific Accountants (CAPA), the international conference will feature the Director of the International Integrated Reporting Council (IIRC) Jonathan Labrey as the keynote speaker.

He will be backed by an eminent team of panellists from Australia, Bangladesh, India, Pakistan, Sri Lanka and United Kingdom, who will share their experiences and insights into integrated reporting. The eminent team of panellists will comprise of some well-known personalities from the accounting and finance world.

This line-up will include Prabhakar Kalavacherl – Member of the International Accounting Standards Board, Dr. S.K. Gupta – Technical Director of the Institute of Cost Accountants of India, Dr. Andrew Conway – Chief Executive Officer of the Institute of Public Accountants (Australia) and Mark Spofforth – President of the Institute of Chartered Accountants in England and Wales.

Also addressing the gathering at the conference will be Anwaruddin Chowdhury – Council Member of the Institute of Chartered Accountants of Bangladesh, Robert Thomason – Executive General Manager (Business Development) of CPA Australia, Neil Stevenson – Executive Director (Brand) of ACCA, Dr. Vijith Kannangara – Founder and Chairman of Smart Media and Mohammad Iqbal Ghori – Chief Financial Officer of the Faisalabad Electric Supply Company.

Integrated reporting is a new approach to corporate reporting that demonstrates the linkages between an organisation’s strategy, governance and financial performance and the social, environmental and economic context within which it operates.

By reinforcing these connections, integrated reporting can help businesses to make more sustainable decisions and enable investors and other stakeholders to understanding how an organisation is really performing.

Chartered accountants from across the Asian and Pacific region including Sri Lanka are expected to participate in this important event, which will cover key areas including the importance of implementing integrated reporting, the benefits from implementing it, the challenges and barriers facing its implementation.

Labrey is responsible for public affairs and policy at IIRC. The mission of IIRC is to create globally accepted integrated reporting framework which brings together financial, environmental, social and governance information in a clear, concise, consistent and comparable format.

The primary aim of the Council is to help with the development of a more comprehensive and comprehensible information about the organisation, prospective as well as retrospective, to meet the needs of a more sustainable global economy.

CAPA is the regional organisation representing national accountancy organisations in the Asia-Pacific region. Today, CAPA has a membership of 31 accountancy organisations in 23 jurisdictions.