Association of Public Finance Accountants of Sri Lanka (APFASL) Hosts Successful Annual Conference 2023
The Association of Public Finance Accountants of Sri Lanka (APFASL) successfully hosted its Annual Conference 2023 yesterday, bringing together over 100 members and esteemed invitees. This year's conference took on a unique dimension, centering around research, with three influential papers being presented and discussed, shedding light on critical aspects of the nation's financial landscape.
The conference, held on the 3rd of October 2023 at the CA Sri Lanka auditorium, featured three research papers that attracted significant attention and deliberation from the attendees:
Public Expenditure Impact on the Economy: Delving into the intricate relationship between public expenditure and its repercussions on the national economy, this paper provided valuable insights into Sri Lanka's fiscal strategies.
SOE Reforms in Sri Lanka: The second paper focused on the much-needed reform within State-Owned Enterprises (SOEs) in Sri Lanka, exploring the intricacies of restructuring efforts and their implications.
E-Procurement System for the Public Sector: As technology continues to shape the modern world, this research paper highlighted the significance of an efficient E-Procurement system for the public sector in Sri Lanka.
The conference had a distinguished lineup of guests and speakers, including Mr. Suresh Shah, Chairman of CTC Ltd, and Head of the SOE Restructuring Unit of the Ministry of Finance, who graced the occasion as the chief guest. Mr. Brian Blood, CEO of the Confederation of Asia Pacific Accountants (CAPA), delivered the keynote address, sharing his valuable insights and experiences on current developments in public sector accounting and reporting in the international arena.
Mr. Sanjaya Bandara, President of CA Sri Lanka, and Mr. V Kanagasabapathy, President of APFASL, also took the stage to address the conference, emphasizing the importance of public finance management and collaboration within the accounting community.
The Annual Conference 2023 was made possible through the generous support of the Bank of Ceylon, who served as the lead financial sponsor for the event, along with Peoples Bank, demonstrating their commitment to advancing the field of public finance in Sri Lanka.
The APFASL Annual Conference 2023 proved to be a dynamic platform for knowledge exchange and networking, showcasing the association's dedication to enhancing the understanding and practice of public finance accounting in Sri Lanka.
