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4 CERTIFIED MANAGEMENT ACCOUNTANT

President’s

Message

Greetings!
I have pleasure in sending a message
to the “Certified Management
Accountants” September 2021 Journal
covering a range of professional and
business articles with interviews with
four key personalities. My heartfelt
gratitude is extended to all of them
for their fruitful contributions which
are relevant and will provide valuable
reading material to our membership,
business managers and other
professionals.
The journal features four main interviews
given by leading personalities including
General Daya Ratnayake former the start and thereafter through our This September Journal will be
institutes,
educational
recognized
Commander of the Army and the released at the CMA Sri Lanka National
current Secretary Ministry of Industries examinations, registrations, receipts Management Accounting Conference
& payments, email, facebook, social
and former Chairman Ports Authority, Inauguration on 27th September
Ms.Kasturi Wilson, Group CEO and marketing, enabled us to continue our 2021 where the Chief Guest will be
General Manager of Hemas Holdings activities uninterrupted despite the Mr Ajith Nivard Cabraal the Governor
lockdowns and the safety measures
highlighting women leadership in of the Central Bank of Sri Lanka
the corporate sector, Mr.Dinesh introduced. For our membership and former State Minister of Money,
and business community we have
Weerakkody former chairman Hatton Capital Markets and State Enterprises
National Bank and Commercial Bank conducted continuing professional Reform in the distinguished presence
and currently Chairman, International development webinars free of charge of Mr Alan Johnson President of the
using local and foreign resource
Chamber of Commerce Sri Lanka and International Federation of Accountants
Prof.Dayantha Wijeyesekera first Vice persons a new change experienced the global body for the accounting
as a result of the pandemic. The CMA
Chancellor of Open University of Sri profession comprising over 3.0 million
Lanka and former Vice Chancellor of Sri Lanka Covid-19 SME development accountants of which body CMA
University of Moratuwa a leader in the Committee comprising of professional Sri Lanka are a member.
bodies, chambers of commerce and
academic profession.
industry, commercial banks and I wish to thank all Authors, Chairman and
We are going through a global industry experts have focused on Members of the Journal Committee and
pandemic and public health crisis, the SME sector and worked with our especially the Secretary of the Journal
which is unprecedented in our lifetime. partners to provide relief to the SMEs. Committee Ms Sumudu Pagoda for
COVID-19 has severely affected the The recommendation made to the their dedication and commitment to
global economy as well as the financial Ministry of Industries to set up the bring out the journal to be released
markets. This has resulted in adverse SME Credit Guarantee Institution has at this special event and to make
impacts on all businesses, exports, now been approved by the Cabinet of it available in e - format on the CMA
imports, tourism, foreign employment, Ministers and will assist those SMEs Sri Lanka web site. I am confident that
SME sector and self - employment. and entrepreneurs who cannot provide the CMA Journal will provide valuable
School, university and professional collateral to obtain a credit guarantee reading material to our members and
education too have been severely to obtain funding from the banking all readers.
affected. sector. The Government has also been
able to get funding from the Asian
CMA Sri Lanka have taken bold steps Development Bank for this project to
to overcome these challenges and meet a long felt need of the SME sector.
taken the path of digitization which has We will also submit proposals to the
made a radical change in the way we upcoming budget to develop the SME
provide our professional education. sector to expand exports, linking the
This timely decision to go online big companies with SMEs to provide a President
and provide free digital education at sustainable SME sector. Prof. Lakshman R. Watawala

www.cma-srilanka.org | Volume 06 - No. 2 - September 2021