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CA Sri Lanka takes IFRS to Kandy, focuses on educating outstation SMEs

Under the convergence process of Sri Lanka Accounting Standards with the International Financial Reporting Standards (IFRS), the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) will conduct a seminar in Kandy next month where Small and Medium Entities (SMEs) will be educated on the IFRS based new Sri Lanka Accounting Standards.

The workshop on 9th May at the Queen’s Hotel, Kandy will be conducted by Mr. Sanath Fernando, Partner of Ernst & Young and member of the IFRS Implementation Group for SMEs appointed by the IFRS Foundation.

The workshop targets practitioners and preparers of financial statements and will be the first in a series of out of Colombo workshops which aims to educate professionals doing business out of the country’s commercial capital on new financial trends and on the latest developments in the Sri Lanka Accounting Standards.