Budgeting and planning now needs to be real-time, collaborative and inclusive of both financial and non-financial data. The trend towards incorporating modern day tools and best practices such as algorithms, machine learning and deep dive analytics demands up skilling of employees involved within the process. It is with this endeavour, that Acclivity would host a workshop on ‘New Trends and Best Practices in Budgeting for 2020,’ on Monday, January 27, 2019, from 2pm to 5pm at the CIMA Auditorium, Colombo.
Speaking to the media, a spokesperson of Acclivity stated, ‘many organizations operating in a fluid and ever-changing business environment, face the challenge of projecting future performance, based on the most recent numbers and time frame.
This is due organizations work today, in more diversified and volatile business environments. Adoption of best practices would help organizations respond more effectively to market trends. The workshop would create a platform to learn and discuss real-life work and scenarios that illustrate new trends and best practices.
Nandika Buddhipala, Chief Financial Officer, Commercial Bank PLC., would to deliver the keynote address featuring how the finance function could meet today’s requirements and what tools are available to improve the efficiency of the budgeting process. He would also touch on how performance could be measured against long term goals within today’s dynamic environment.
The workshop would also feature a panel discussion by Nandika Buddhipala, Chief Financial Officer, Commercial Bank PLC., Tishan Subasinghe, Managing Director, Moore Stephens Consulting (Pvt.) Ltd., Selvandra Selvarajah, Software Architect - Data Science North Bay Solutions, Munesh David, Group Corporate Planning & Strategy Dialog Axiata PLC., and Sriyamal Gamage, Group Finance Director Hayleys Advantis Ltd., Anoji De Silva, Partner, Ernst & Young, is expected to moderate the session.
The program is powered by CIMA, Moore Aiyar, and North Bay in association with messaging partner Text Wave and print media partner The Sunday Times, Daily Mirror and Daily FT.
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