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Merchant Bank seminar on accounting standards

(Created date: 30-Mar-2014)

Senior Partner of Ernst and Young, Manil Jayesinghe, the main speaker, covered in-depth - impairment of financial assets especially in financial institutions, LKAS 32, 39 and SLFRS 7, new categories of financial assets, classifications and presentations of financial assets and on newer developments.

The other speakers were Partner, Ernst and Young, Sulaiman Nishtar, Senior Deputy Commissioner General, Department of Inland Revenue, H B A Seneviratne, Chief Executive Officer, Merchant Bank, T Mutugala, Assistant General Manager, Finance and Treasury Management, Merchant Bank, Priyantha Herath and Deputy General Manager, Corporate Advisory and Capital Markets, Merchant Bank, A M A Cader.

Financial instruments are a challenging task to understand and implement. With Sri Lankan's economy seeking avenues to consolidate within the financial sector, financial instruments have evolved to be more important than ever befor

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