Annual Reporting

Mar 23, 2013 (LBO) – Sri Lankan firms have won 26 out of 85 in awards for annual reports given by the South Asian Federation of Accountants (SAFA), Sri Lanka Telecom being judged an overall winner. Union Assurance, HNB Assurance and Janashakthi Insurance won as insurers and in financial services Peoples Leasing Co. Ltd., DFCC Bank and Mercantile Investments got awards.

In the manufacturing sector, CIC Holdings, Chemanex and Singer (Sri Lanka) Plc won awards, Sri Lanka Telecom Plc own the award in communication and information technology.

Hayleys, Aitken Spence and John Keells Holdings for the services sector, while the Ceylon Chamber of Commerce, Association of Accounting Technicians of Sri Lanka and the Plantation Human Development Trust got awards as NGOs.

Watawala Plantations, Kelani Valley Plantations and Namunukula Plantations got awards in agriculture.

Sri Lanka Telecom along with Bangladeshâ„¢s IDLC Finance Limited and Prime Bank Limited got the award in the Best Presented Annual (BPA) Report Awards which was hosted by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka).

“Today our countries operate in a world where effective communication is a vital