SME seminar for financial community in Batticaloa
View(s):The Sri Lanka Accounting Standard for Small and Medium Sized Entities (SLFRS for SMEs) seminar organized in Batticaloa by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) in association with the GIZ received an overwhelming response with a large number of business leaders, accountants and auditors from the Eastern Province participating in the seminar.
The seminar which conducted by Rajesh Rajan, Director of KPMG covered a range of areas including understanding applicable financial reporting framework for SMEs, benefits of adopting SLFRS for SMEs, which entities are eligible for the accounting standard, principles in SLFRS for SMEs, identifying method of developing an accounting system which comply the requirements of SLFRS for the sector as well as the difference between SLFRS for SMEs vs the full SLFRSs, according to CA Sri Lanka.
Chief financial officers, accountants, and auditors of SMEs from Batticaloa, Ampara and Trincomalee were among the
participants.
A section of the participants