CB, ICASL and ACCA collaborate on IFRS

For Financial Services sector:

The Central Bank of Sri Lanka (CB), the Institute of Chartered Accountants of Sri Lanka (ICASL) and the Association of Chartered Certified Accountants, UK (ACCA) are conducting a workshop on International Financial Reporting Standards (IFRS). This workshop is designed to ensure that finance and banking professionals involved in Financial Reporting for the banking and financial sector have a good understanding of IFRS as its application is more complex in the financial services sector.

The program is structured in two blocks of five half days to enable participants to attend to their day to day work whilst participating in the program. The program will commence on September 13 for Part I and on October 4 for Part II. Registrations can be done with ICASL or Central Bank Centre for Banking Studies and will close on September 9.

The course will introduce the concept of IFRS financial statements with extensive references to banking and financial sector transactions, financial instruments and the relevant accounting methodology for each type and a comprehensive case study to ensure ability to apply course learnings.