MEMBERS NEWSLETTER
MEMBERS NEWSLETTER MEMBERS NEWSLETTER
MEMBERS NEWSLETTERApril 2011ICASL-Amba Valuation Boot Camp makes a comebackFollowing the overwhelming response received and due topopular demand, the highly topical Valuation Boot Camporganized by the Institute of Chartered Accountants of SriLanka (ICASL) and Amba Research Lanka (Pvt) Ltd is dueto make a comeback in May this year.The comprehensive training programme held in Februarytargeting finance and capital market professionals, coveredthe best practices in discounted cash flow-based and relativevaluation techniques for equity securities.Although the February programme had a capacity toaccommodate only 25 participants, owing to theoverwhelming response, the organizers had to increase theparticipants’ capacity to 32.Taking the positive response received and the subsequent requests by financial and capital marketprofessionals, ICASL and Amba has decided to repeat the training programme in May, for thosewho were unable to reserve a spot earlier in February.During the comprehensive two day Valuation Boot Camp programme, the Modules coveredincluded adjusting valuation multiples for relative differences in risk and growth expectations,guidance on identifying appropriate peers, adjusting enterprise value for non-operating assets, andcase studies on setting a target price and constructing a discounted cash flow. A key differentiator inthe program was the multiple case studies on valuing three Sri Lankan IPOs.The programme was delivered by Amba’s senior panel consisting of Senior VP, Global Head ofProjects and Transitions, Chanakya Dissanayake, CFA; VP, Head of Knowledge Management,Aruna Perera, CFA; VP, Head of Training and Development, Aidha Ahamat, Senior AVP, Trainingand Development, Sarah Yusuf and, Deshal Pandithage, and Senior AVP Asanka HerathParticipants in the February programme represented some high end organisations in the likes of theSecurities and Exchange Commission, Capital Alliance, Guardian Fund Management, PWC,KPMG, HNB Securities, Nithya Partners, Ernst & Young, Hayleys, Hemas and Amana Takaful.In February, the ICASL embarked on this initiative together with Amba in its continuing effort tokeep the country’s corporate sector abreast of changing global patterns and trends, ensuring that SriLanka is on an equal platform with its global peers.
MEMBERS NEWSLETTERApril 2011Link with us on LinkedInLink with us on LinkedIn and keep abreast on the latesthappenings at the Institute of Chartered Accountants ofSri Lanka (ICASL).In our continuing efforts to reach our esteemed membership both in Sri Lanka and abroad, theInstitute is now on LinkedIn, the world’s most popular professional social networking site.Connect with us by clicking http://lk.linkedin.com/pub/institute-of-chartered-accountants-of-srilanka/2b/283/6a8ICASL MEMBERS - 7 - A- SIDE CRICKET FIESTAThe ICASL MEMBERS - 7 - A- SIDE CRICKET FIESTA isscheduled for 22 nd May 2011 (Sunday) at NCC grounds, MaitlandCrescent, Colombo 07.Organized by the Member Relations Committee, the fiesta is expectedto see around 16 to 18 Teams who will take part in the 7-a-side cricketfiesta.Time :9 30 am to 4.00 pmOpen for : ICASL Members & their familiesEntrance : FreeTeam composition: 6 males + 1 femaleEntertainment : Food courts, Kiddies fun games, DJ & ‘Papara’ band,competitions, prizes and surprises
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<strong>MEMBERS</strong> <strong>NEWSLETTER</strong>April 2011ICASL-Amba Valuation Boot Camp makes a comebackFollowing the overwhelming response received and due topopular demand, the highly topical Valuation Boot Camporganized by the Institute of Chartered Accountants of SriLanka (ICASL) and Amba Research Lanka (Pvt) Ltd is dueto make a comeback in May this year.The comprehensive training programme held in Februarytargeting finance and capital market professionals, coveredthe best practices in discounted cash flow-based and relativevaluation techniques for equity securities.Although the February programme had a capacity toaccommodate only 25 participants, owing to theoverwhelming response, the organizers had to increase theparticipants’ capacity to 32.Taking the positive response received and the subsequent requests by financial and capital marketprofessionals, ICASL and Amba has decided to repeat the training programme in May, for thosewho were unable to reserve a spot earlier in February.During the comprehensive two day Valuation Boot Camp programme, the Modules coveredincluded adjusting valuation multiples for relative differences in risk and growth expectations,guidance on identifying appropriate peers, adjusting enterprise value for non-operating assets, andcase studies on setting a target price and constructing a discounted cash flow. A key differentiator inthe program was the multiple case studies on valuing three Sri Lankan IPOs.The programme was delivered by Amba’s senior panel consisting of Senior VP, Global Head ofProjects and Transitions, Chanakya Dissanayake, CFA; VP, Head of Knowledge Management,Aruna Perera, CFA; VP, Head of Training and Development, Aidha Ahamat, Senior AVP, Trainingand Development, Sarah Yusuf and, Deshal Pandithage, and Senior AVP Asanka HerathParticipants in the February programme represented some high end organisations in the likes of theSecurities and Exchange Commission, Capital Alliance, Guardian Fund Management, PWC,KPMG, HNB Securities, Nithya Partners, Ernst & Young, Hayleys, Hemas and Amana Takaful.In February, the ICASL embarked on this initiative together with Amba in its continuing effort tokeep the country’s corporate sector abreast of changing global patterns and trends, ensuring that SriLanka is on an equal platform with its global peers.
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