Business Times

Economy to be highlighted at Oct. 28 ICASL conference

Broader economic issues rather than technical, accounting driven sessions will be the focus at this year's national conference of the Institute of Chartered Accountants of Sri Lanka (ICASL), according to National Conference Committee Chairman Arjuna Herath. He added that this is because the majority of ICASL members are chief executives, general managers, finance directors, etc.

He further said that they anticipate ticket demand to top 1,300, even though seating capacity was only 1,000; Mr. Herath also suggested this increased interest in attending has been spurred by the event's continuing status as one of the most popular in the domestic corporate calendar, which has been also helped along by the conference's past track record of speakers, issues, etc. over its now 31-year history.

Implying this year's theme of "The world sees opportunity in Sri Lanka" would result in even more excitement in the ICASL conference than previously; Mr. Herath also highlighted key presentations to watch out for, including: "Sri Lanka - The Way Forward and the Role of Professionals" by Central Bank of sri Lanka Governor Ajith Nivard Cabraal; "Attracting Foreign Direct Investment - Opportunities for the Sri Lankan Corporate" by HSBC Private Bank Asia Managing Director Aruna Mahendran; "Opportunities and Challenges in the Green Economy" by the Boston university's Prof. Nalin Kulatilaka; and "Risk's in Today's Boardroom - The CFO, the CEO, the Auditor, the director, the Chairman" by Indian Institute of Management Banglaore's Prof. P.C. Narayan".

The ICASL conference will be held from October 28 to October 30 at Water’s Edge in Battaramulla and will feature inaugural addresses by Economic Development Minister Basil Rajapaksa and US Ambassador to Sri Lanka, Patricia Butenis. This will be followed by technical sessions on October 29 and October 30, which will entail six sessions with each comprising a 30-minute paper presentations followed by an hour-long panel discussion. Also stated was that the "conference will make an attempt to thrust (ICASL) members and business leaders to unearth the full potential of Sri Lanka by exploring new avenues and strategies that will help them become a catalyst of this development process".

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