The Institute of Chartered Accountants of Sri Lanka (ICASL), at its 32nd National Conference, scheduled for October 20-22, 2011, will offer attendees insights on balancing companies' growing needs to balance short term concerns, such as shareholder dividends, profitability and cost cutting, along with more long term, macro-level goals, such as re-investment and sustainability; according to the event's organising committee Chairman, Anura Herath. This is in line with this year's theme: "Quest for Balance."
"Companies have to balance this complex macro scenario with conflicting issues within their organisations, driven by the agenda of different groups of stakeholders. Many a time, these conflicting goals pull the company in opposite directions, which requires organisations to strike an optimum balance in pursuit of long term sustainable growth.
‘The need for dividends by shareholders versus the need for reinvestment of capital’; ‘Reduction of cost versus expanding operations’; and from a macro economic perspective, ‘Balancing interest rates against rising inflation’; and ‘Fiscal austerity versus monetary expansion’ are just a few indications. The quest for balance has become a significant pursuit for economies and organisations and we are hopeful that our conference will provide valuable insights to prepare corporate leaders and policy makers on how to usher balance into their worlds in pursuit of long term sustainable growth,” commented Mr. Herath in an ICASL statement.
Further noted, the event will feature a number of international and local speakers with 1,000 participants attending from both non accounting personnnel as well as ICASL's ranks of 36,000 students and 4,300 members. Additionally, participants are also being offered the opportunity, prior to the event, of forwarding questions directly to presenters via www.icasrilanka.com/nationalconference2011.
|
E-mail
