February 8, 2023
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6min
      As a timely and important topic of discussion relevant for these turbulent times, PwC recently held a webinar on Hyperinflationary Accounting Implications for Financial Reporting. Hyperinflation is very high and typically accelerating inflation that erodes the real value of the local currency, as prices of goods and services increase. Hyperinflation sees rapid […]

December 5, 2022
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5min
      Corporate reporting has been moving from monetary reporting to value reporting during the past few years. DIMO was one of the first companies to recognise the value of value- based reporting and compile its first integrated report over a decade ago. With its pioneering work and affiliation with the International Integrated Reporting […]

November 11, 2021
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8min
    By Nuwan Withanage November 11, 2021: The current foundations of business are changing rapidly, creating new risks and new opportunities for companies across the globe. As business operations are redefined, organisations move to embrace the principles stakeholder capitalism, acknowledging the importance of delivering long-term value to all stakeholders, including employees, suppliers, communities, and […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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