Text of the Speech at AFinFo 2019 – Accounting and Finance Industry Forum at the University of Ruhuna (July 25, 2019) Needless to say, we are living in quite turbulent times. This turbulence is caused by factors such as technological breakthroughs, demographic changes, regulatory developments, sustainability concerns, new business models, socio political unrest and so on. […]
This speech was delivered by our Chief Officer of Process Development, Mr. Raja Senanayake at an event organised by CA Sri Lanka on the 2nd April 2019. The event was titled, Integrated Reporting: Moving Beyond the Basics.
A few decades back, a substantial portion of the value of a corporate was believed to be embodied in its book value resulting in a (share) price to book value or PBV multiple closer to one. But, things have changed since then.