CMA Global Management Accounting Summit in July

The CMA Global Management Accounting Summit on the theme ‘Business Resilience through Integrated Reporting’ will be held from 27 to 29 July at Cinnamon Lakeside Hotel.

A highlight at the Global Summit will be the presence of the President of International Federation of Accountants (IFAC) Olivia Kirtley who will deliver the keynote address at the Global Summit at the inauguration ceremony of the Global Summit and The Technical Sessions.

The International Federation of Accountants is the global organisation for the accounting profession and comprises 175 members and associates in 130 countries and jurisdictions representing 2.5 million accountants in public practice, education, government, industry and commerce. Sri Lanka has two members the Institute of Certified Management Accountants of Sri Lanka, Institute of Chartered Accountants of Sri Lanka and associate member AAT Sri Lanka.

The Summit will host a range of international and local speakers who are specialists in the field of Integrated Reporting. CMA will also conduct the ‘CMA Excellence in Integrated Reporting Awards’ to coincide with the Global Summit. Companies can obtain application forms and send them by 20 June to CMA Head Office.

The Co-Hosts of the Global Summit will be the Management Accounting Bodies of India, Pakistan, Bangladesh and USA. The supporting organisations are the International Integrated Reporting Council (IIRC) and Global Reporting Initiative.

Integrated reporting results in a periodic, concise integrated report about how an organisation’s strategy, governance, performance and prospects in the context of its external environment lead to the creation of value in the short, medium and long term (visit www.theiirc.org/international-ir-framework). Although providers of financial capital are the primary intended users, an integrated report should be designed to benefit all stakeholders – including employees, customers, suppliers, business partners, local communities, regulators and policy makers – interested in an organisations ability to create value over time.

The key objective of integrated reporting is to enhance accountability and stewardship with respect to the broad base of tangible and intangible capitals and promote understanding and interdependencies. In December 2013 IIRC released the IR Framework to be used as a guidance for the voluntary adoption of IR.

The Global Summit will cover a range of topics relating to IR with special emphasis on integrated thinking, integrated reporting, accountants connect with integrated thinking and reporting, building blocks of IR, sustainability reporting migrating to IR, Asian and country experiences of IR, getting started with IR and company experiences closing with a panel discussion on business success and value creation through IR.

Experienced speakers on IR include the President of IFAC, a member of the Council of IIRC, Technical consultant of IIRC, Director GRI India, country experts, business practitioners, university professors, heads of professional accounting bodies adding to the technical inputs at the Global Management Accounting Summit in Sri Lanka.

The Global Summit will be suitable for directors, CEOs, CFOs, those engaged in the preparation of annual reports, senior managers and executives, sustainability managers, management accountants, financial accountants, corporate planners, financial analysts, auditors, internal auditors, government and state corporation finance managers and accountants, university professors and lecturers and economists.

For further details and registration please contact Shanthi on 071-4705536 or email: [email protected].