Try GOLD - Free
CA Sri Lanka introduces SLFRS S1 and S2 framework with strategic guidebook to equip businesses for global compliance
Daily FT
|November 04, 2025
IN a landmark move that positions Sri Lanka as a global front-runner in sustainable reporting practices, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) has launched the Preparers' Guide to SLFRS S1 and S2 and a comprehensive three-tier course on sustainability reporting, focusing on SLFRs S1 and S2.
-
CA Sri Lanka President Heshan Kuruppu (right) being presented with the guide
This pioneering initiative forms a key pillar of the Institute's strategic roadmap, reinforcing its role as the sole authority for issuing accounting, sustainability, and auditing standards in Sri Lanka, while driving nationwide adoption of sustainability practices.
The launch of the publication and the course marks a definitive step for Sri Lanka, recognising it as one of the first jurisdictions globally, and among the first in South Asia, to adopt and implement the International Sustainability Standards Board (ISSB) standards. This strategic adoption, guided by CA Sri Lanka's roadmap for sustainability standard adoption, signals the country's robust commitment to transparent, comparable, and reliable sustainability reporting for investors.
This story is from the November 04, 2025 edition of Daily FT.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Daily FT
Daily FT
UN warns "world is not prepared” for escalating climate disasters
THE United Nations yesterday issued a stark warning that the world is increasingly vulnerable to extreme weather events, with current systems, financing and infrastructure far from adequate to handle the accelerating pace and scale of dimate-related disasters.
2 mins
December 12, 2025
Daily FT
Sajith launches Disaster Information Centre
Located at Office of the Opposition Leader Aims to collect disaster- related information at Grama Niladhari level
1 min
December 12, 2025
Daily FT
Assetline Finance's landmark Rs. 5 b listed debt issue oversubscribed
Subscription list closes on opening day as investors grab initial offer and option
1 min
December 12, 2025
Daily FT
US Fed delivers third rate cut of the year
THE US Federal Reserve lowered its benchmark federal funds rate by 25 basis points on Wednesday to a range of 3.5%-3.75%, marking the third cut this year.
1 min
December 12, 2025
Daily FT
Positive momentum in primary auctions continue
Secondary Bond market rates decrease Rupee depreciates
1 mins
December 12, 2025
Daily FT
ADB grants $ 200 m loan for water, food security in North Central Province
THE Asian Development Bank (ADB) yesterday said it has approved a $ 200 million loan to support the ongoing Mahaweli Development Program, Sri Lanka's largest multi-use water resources development initiative.
2 mins
December 12, 2025
Daily FT
Banking assets up 16% YoY to Rs. 24.5 t in 9M
THE banking industry expanded its balance sheet in the nine months to end-September 2025, with total assets increasing to Rs. 24.5 trillion and Profit After Tax (PAT) rising to Rs. 279 billion, according to Central Bank data.
1 min
December 12, 2025
Daily FT
Cabinet green lights procuring range of vehicles and equipment to boost primary health care system
THE Cabinet of Ministers on Wednesday approved the procurement of a wide range of vehicles and equipment to improve the country's primary health care system.
1 mins
December 12, 2025
Daily FT
Cabraal discharged on condition he compensates Central Bank in three months
Lawyer argues his client had no intention of causing financial loss to GoSL
2 mins
December 12, 2025
Daily FT
New 3% concessionary loan scheme to support 130,000 MSMEs from next year
IN a bid to revitalise micro, small, and medium enterprises (MSMEs) affected by recent disasters, the Government has decided to launch the RE-MSME PLUS and RE-MSME Disaster Relief loan schemes from 2026.
1 min
December 12, 2025
Listen
Translate
Change font size