Fri, 30 Sep 2022 Today's Paper

Commonwealth Association of Accountants launched

11 November 2013 03:15 am - 0     - {{hitsCtrl.values.hits}}

A A A


With the objective of bringing together the accounting professionals of the Commonwealth countries under one common platform, Sri Lanka last week took the lead in launching the first-ever Commonwealth Association of Accountants (CAA).

According to the convener of the CAA, Professor Lakshman R. Watawala, unlike other professions, accounting did not have a regional representative body to this date and therefore, the CAA will function as the apex body for accountants in the Commonwealth region.

 “I am confident that the CAA will turn out to be a strong body for accountants in this region, which will enable networking, knowledge sharing through conducting conferences and other workshops and promoting good governance and ethics among the accounting fraternity,” he said.

Currently, the discussions are underway with the Commonwealth Secretariat on the guidelines of the future functions of the association but the head office of the CAA will be located in Colombo.

Meanwhile, External Affairs Minister Professor G.L. Peiris gracing the occasion as the chief guest told the accounting fraternity that they were no longer the bean counters they used to be but must play a central and a creative role going forward.

“Thought has already been given to change the company law, protect the rights of the minority shareholders and many aspects relating to the corporate governance.

Further, there will be a myriad of opportunities for professional accountants with the expansion of business and corporate activities due to the development activities such as ports, harbours, highways, etc. which are happening all around the country,” he said.

At last week’s launch, there were heads of accounting bodies and professionals representing India, the Maldives, Canada, Pakistan and Sri Lanka. There are 54 Commonwealth member countries. (DK)
Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

  Comments - 0

Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment




Sri Lanka’s 60 Shades of White

Parliamentarians—so-called supreme legislators—wear white, the colour of

To benefit of our next generation We must conserve our environment

There is no doubt that the economic crisis which Sri Lanka is facing at the m

How shortsighted and greedy Govts. destroyed agriculture

According to the latest World Bank assessment Sri Lanka ranks fifth among cou

The Queen: End of a long-ended era - and new world order

The Queen is dead. With her, the Second Elizabethan era came to an end. Duri


 

MIRROR CRICKET