CA Sri Lanka’s public sector wing APFASL honours 45 entities for excellence in financial reporting at 9th BARA Awards Ceremony 2025

Hon. Nishantha Jayaweera, Deputy Minister of Economic Development 

Colombo - The Ninth Best Annual Reports & Accounts (BARA) Awards Ceremony successfully concluded on the evening of 5th February 2026 at the BMICH, recognising outstanding achievements in public sector financial reporting, transparency, and good governance.
A total of 45 entities were honoured as winners, while 187 institutions received Compliance Certificates, reflecting sector-wide improvements in reporting discipline and governance practices.
Organised by the Association of Public Finance Accountants of Sri Lanka (APFASL), the public sector wing of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), the prestigious event brought together over 600 public sector finance professionals, underscoring the growing commitment of government institutions to international reporting standards and accountability.
This year’s competition witnessed exceptional participation, with 260 public entities vying for top honours. A strong presence was recorded from Provincial Councils, closely followed by Local Authorities, demonstrating the increasing focus on quality financial reporting across all tiers of government.