“Accountants’ Role in Economic Revival” Department of Accountancy, University of Kelaniya The Department of Accountancy (DoA) is one of the leading departments in the Faculty of Commerce and Management Studies, University of Kelaniya. At present, the DoA offers three undergraduate degree programmes including Bachelor of Business Management Honours in Accountancy, Bachelor of Business Management Honours [...]

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International Conference for Accounting Researchers and Educators (ICARE) 2022

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  • “Accountants’ Role in Economic Revival” Department of Accountancy, University of Kelaniya

The Department of Accountancy (DoA) is one of the leading departments in the Faculty of Commerce and Management Studies, University of Kelaniya. At present, the DoA offers three undergraduate degree programmes including Bachelor of Business Management Honours in Accountancy, Bachelor of Business Management Honours in Auditing and Forensic Accounting and Bachelor of Business Management Honours in Accounting Information Systems. Additionally, the DoA offers Master of Business Accounting and Master of Business Finance Degree programmes and a Higher Diploma in Business Accounting. Department is committed in pursuing excellence in academic and research arenas of vast management disciplines with strength of academically and professionally qualified panel of lecturers.

The International Conference on Accounting Researchers and Educators (ICARE) is organised annually by the Department of Accountancy with the aim of creating a common platform for academics and practitioners to share their insights on contemporary developments in the field of accounting. The DOA believes that the ICARE will comfort to academics and professionals to rethink its strategies to cater contemporary accounting atmosphere while opening new directions for accounting educators and researchers to enlighten the future of accounting discipline with collective learning to explore opportunities for sustainable corporate development.

The ICARE 2022 is organized for the 8th consecutive time on 15th December 2022 at the university premises. The conference will be conducted under the theme of “Accountants’ Role in Economic Revival”. Accountancy profession plays a vital role as a guardian of the public interest and contributes to the development of sustainable economies in the future. Sri Lankan economy is currently facing a period of significant downturn where the rate of economic growth in the second quarter of 2022 was -8.4%. Corruption has infected every sector of Sri Lankan society. It hurts people’s human rights, makes their standard of living worse, and makes them lose faith in the government. Corruption stops foreign investors from coming in, slows down economic growth, and makes inequality, poverty, and unemployment worse. The lack of accountability, transparency, and moral leadership, as well as the lack of effective deterrents and punishments, all make it more common. Accountants are well-positioned inside enterprises and the public sector, and they possess the required skill sets to lead the economic recovery.

This year conference is featured with a technical forum, magazine launch, and student conference. The purpose of the technical forum is to create a platform for an eminent panel of speakers to stimulate discussion on policy making towards economic revival in Sri Lanka.  The ICARE magazine will address corporate strategies of businesses in economic revival and includes articles on contemporary topics relating to the conference theme and present practical overviews from renowned professional institutes and audit firms. The key events of the student research conference comprise of Digital Poster Presentation and 5MT Research Challenge.

Associate Professor Michael Falta (Associate Professor in Accounting) from University of Canterbury, New Zealand will grace the event as the Keynote speaker. The technical forum will be facilitated by renowned industry experts. Accordingly, Mr.Chanuka Wettegama, Director Policy , Information and Communication Technology Agency (ICTA) of Sri Lanka, Mr. Sanjaya Bandara, President, Institute of Chartered Accountants (CA) of Sri Lanka, Ms. Amanda “Jo” Erven, President and Founder, Audit. Consulting. Education. LLC, USA and Dr. Anil Perera, Director – Domestic Operations Department, Central Bank of Sri Lanka will be participated the event. The technical discussion is moderated by Dr.Mudith Sujeewa, Senior Lecturer, Department of Accountancy, University of Kelaniya.

The contributors to the ICARE 2022 magazine are Mr. Thilan Malinga, Senior Technical Manager, Institute of Chartered Accountants (CA) Sri Lanka, Mr. Prasenna Balachandran representing Association of Chartered Certified Accountants (ACCA), Ms. D.M.N.P. Dandeni, Assistant Director – Technical, Sri Lanka Accounting and Auditing Standards Monitoring Board (SLAASMB), Mr. Nuwan Fernando representing Institute of Internal Auditors (IIA) Sri Lanka Chapter, Ms. W.M.Thasanthi R. Perera, Senior Deputy Commissioner, Department of Inland Revenue, Mr. Romal De Silva, Manager – Audit & Assurance, Ernst & Young Sri Lanka, Mr. Chathura Jayawardhane, Director – Abans Information Systems, Mr. Sarath Singhapurage, Chief Financial Officer, Pizza hut and Taco Bell, Sri Lanka, Ms. Portia Jayamaha, Director Finance, Hemas Hospitals (Pvt) Ltd.

The conference is hosted under the guidance of the Head of the Department of Accountancy, Professor Dilrukshi Yapa Abeywardhana and the conference is chaired by Dr.Amila Munasinghe, co-chaired by Dr.Mudith Sujeewa, and secretary to the conference is Ms. Shashikala Wijerathna, editor in chief is Ms. Navini Perera and conference treasurer is Mr. Viraj Weerawickrama.

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