An annual report, is a means by which companies may demonstrate, their infinite fluid like adaptability, in the face of insurmountable odds, and their water like transparency. Owing to the status quo of the Covid-19 era, now more than ever before, the annual report is the definitive tool by which one may measure a company’s adaptability, resilience and success.
Sri Lanka in its commitment to be on par with the highest levels of financial reporting standards converged with the International Financial Reporting Standards (IFRS). This bold move in the direction of financial reporting excellence has ensured that today financial reports originating from Sri Lankan companies are of the highest internationally acknowledged and recognised standards. Championing the enforcement of IFRS, the Institute of Chartered Accountants of Sri Lanka presents the 56th Annual Report Awards 2021.
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