Page 109 - annual_report_2024

CA Sri Lanka Integrated Annual Report 2024 107

Statement of Responsibility of the Management

The financial statements comprise the We have taken responsible measures
Statement of Financial Position (SOFP), to safeguard the assets of the Institute
Statement of Comprehensive Income and, in that context, have established
(SOCI), Statement of Changes in Funds appropriate systems of internal control
and Reserves (SOCFR), Statement of with a view to preventing and detecting
Cash Flows and Notes to the Financial fraud and other irregularities.
Statements. These statements have
been prepared in accordance with the The financial statements were audited by
Sri Lanka Accounting Standards (SLFRSs Ms. M K K Karunaratne, FCA.
and LKASs) issued by The Institute of
Chartered Accountants of Sri Lanka.

These financial statements also include
notes on the financial position of F B
Lander Prize Fund and Cyril E Begbie Lakmali Priyangika
Memorial Prize Fund. Secretary/Chief Executive Officer

The accounting policies used in the
preparation of the financial statements are
appropriate and are consistently applied
by the Institute. Comparative information
has been reclassified wherever necessary Nimanthi Gamage
to comply with the current presentation. Head of Finance

All significant accounting policies and 27th March 2025
estimates that involve a high degree
of judgement and complexity were
discussed with our External Auditor and
the Governance and Audit Committee.
We confirm that, to the best of our
knowledge, the financial statements and
other financial information included in this
annual report, fairly present in all material
aspects the financial position, results of
operations and cash flows of the Institute
as of, and for, the periods presented in this
annual report.