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CMA Sri Lanka, the national professional management accounting body, in collaboration with the Colombo Stock Exchange (CSE) on 3 December hosted the 10th anniversary awards celebrations of the ‘CMA Excellence in Integrated Reporting Awards 2024’ at the Taj Samudra Hotel. The Excellence in Integrated Reporting Awards was held to promote Sri Lankan companies both unlisted, and state-owned institutions/companies, to undertake integrated reporting which will be beneficial to investors and stakeholders. The key objective of an integrated report is to communicate to financial capital providers how an organisation generates, sustains, or diminishes value across the short, medium, and long term. However, its benefits extend beyond investors, offering valuable insights to a broad range of stakeholders, including employees, customers, suppliers, business partners, local communities, policymakers, legislators, and regulators, all of whom have a vested interest in the organisation’s capacity to create value over time. Delivering the keynote address, Panel of Judges Chairman Prof. Ho Yew Kee urged the importance of concise reporting for better understanding that will aid informed decision-making. He called Sri Lanka and Burma the shining lights in Asia and expressed his gratitude in partnering with CMA Sri Lanka, hoping to promote Sri Lankan listed and unlisted companies via a gradual transfer of technical knowledge to the nation. Supreme Court of South Africa former Judge and Global Reporting Initiative Chairman Prof. Mervyn King emphasised the need for reporting that adheres to global financial standards, only then would the country and its companies become globally recognised for its accountancy and business standards, ensuring trust in Sri Lanka’s economy. The event was also attended by Securities and Exchange Commission Chairman Prof. D.B.P.H. Dissabandara as a special guest of honour, who spoke about the leverage integrated reporting has over traditional accountancy reports, stating that, “Traditional reports often failed to capture the full potential, picture, prospects and long-term value of companies. This is because, not only do integrated reports have the capacity to capture financial information, but even non-financial information can be recorded.” Elaborating on the benefits of integrated reporting, he described management effectiveness as a result of a more holistic approach to strategy and performance, and brand value enhancement. He also emphasises the alleviation of asymmetrical information (a common crisis faced by businesses) as integrated reports encourage investors to make informed decisions in the long-term. Speaking about the inception of this competition since 2015, CMA Sri Lanka Founder and President Prof. Lakshman Watawala said, “We have witnessed an increasing number of companies both quoted, unquoted, state owned enterprises and SMEs adopting integrated reporting and many of them with a high level of compliance from top conglomerates, banks, finance companies, insurance companies, manufacturing sector, plantation companies, hotel and tourism sector, apparel and over 20 sectors. We are the best in the Asian region in preparing integrated reports.” He labelled the event an auspicious gathering meant to celebrate practices of good governance and corporate social responsibility. “Integrated reporting creates value to organisations by providing a comprehensive and transparent view of an organisation’s performance, including financial, environmental, social, and governance factors, which enhances accountability, supports better decision-making, and builds trust with stakeholders,” he opined. Prof. Watawala, while praising the present administration’s efforts at alleviating bribery and corruption, called for greater support and collaboration from the private sector in steering economic development. The private sector shoulders the responsibility of leading by example via transparent business practices, strong corporate governance, and anti-corruption legal frameworks. CSE Chairman Dilshan Wirasekara said: “CMA related programs encourage institutions to think holistically and create value for stakeholders, set a benchmark for what corporate sustainability looks like while enhancing the quality of financials and non-financials. In addition, risk assessment and management is done in a transparent and accessible manner. All these are the cornerstone for a strong, sustainable market and economy.” Reiterating Watawala’s words, Wirasekara believes that all organisations, State-owned, private, and non-profit must prioritise societal, economical, and environmental wellbeing for a sustainable future. The event concluded with the declaration of Diesel and Motor Engineering PLC as the overall winner, followed by Softlogic Life Insurance PLC and John Keells Holdings PLC as runners up. Other companies awarded for excellent integrated reports were – Commercial Bank PLC, LB Finance, and NDB Bank.Dominion Energy halts $2 billion pump station in Tazewell County Va.
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Jim Lutzweiler had traveled to Plains, Ga., to find the grave of Jimmy Carter's colorful brother, Billy, whose shenanigans he had followed, and came across the epitaph for the former president's sister, Gloria. It read: "She rides in Harley Heaven." So, Lutzweiler, a 78-year-old singer, songwriter and former archivist for the Southeastern Baptist Theological Seminary in Wake Forest, wrote the song "Harleys, Hondas and Heaven" in her honor and sent the former president a copy. Carter wrote back that he took the CD to her grave and played it. Lutzweiler still has that letter. Actually, the Jamestown resident has 73 letters and notes from Carter — always signed "Jimmy C" — that range from theology to their mutual love of poetry. People are also reading... Something to know about Lutzweiler is that he's a natural storyteller with a divinity degree and refers to himself tongue-in-cheek as a "magnificent concert pianist trapped helplessly in the broken body of a crusty, old librarian.'" Like Carter, he's also an old Sunday school teacher with a sharp wit and recall of theology and culture. While Lutzweiler couldn't help but follow the antics of the former first brother — "I liked Billy because of my own inner redneck" — he had a lot of respect for the country's 39th president, who seemed to not let it distract him. And before Carter announced he was entering hospice care in February of 2023, Lutzweiler, who has self-published numerous books, was working on one based on his correspondence with Carter, the former peanut farmer and expert in nuclear physics. Their first correspondences date back to Oct. 31, 2000. Carter was planning to leave the Southern Baptist Convention because the organization didn't recognize women as pastors of churches. Carter accused the group of reading the Bible out of context. Lutzweiler, who was not a part of the Southern Baptist Convention at the time but had voted for Carter in 1976, wrote an essay asking him to stay — a plea to deal with differences for the greater mission of the Gospel. He started with these four words:" I like Jimmy Carter." He would go on to give four reasons — none of them politically correct, but all of them good ones, he would write — starting with Carter's smile, being that a smile could lift someone else out of a bad day. He would go on to "hit him hard," according to Lutzweiler. It is with reluctance that I characterize his departure from the SBC as unjustifiable and juvenile. If, however, he really does believe in the moderate mush, the slippery slope, that some mystical, intangible, Disneyesque Jesus is more real than the Jesus of the Scriptures, then I guess he should go, or perhaps even stay and learn. Carter had no idea who Lutzweiler was at the time, although the two had shook hands before. When Lutzweiler saw a photo of Carter and wife Rosalynn in the audience during a Statesmen Quartet concert that was later used for the gospel group's album cover, he stopped at a nearby book signing the president was holding in Minneapolis. He got the former Georgia governor to sign his album, though with slight drama. "When I pulled out my record jacket for his signature, he fairly jumped in surprise as if I had pulled out a loaded gun his Secret Service had missed," Lutzweiler said. The essay would delve deeply into theology and he would use the analogy of football teams competing for four quarters, lifting each other up when they fall and then finding themselves the best of friends off the field. "Thus it is that I am loathe to watch Jimmy depart from the SBC without protest," Lutzweiler wrote. The article was published in "The Watchmen," which was edited by a friend of Lutzweiler's and by his account might have had 600 people on the mailing list. But somebody sent it to Carter. Actually, that somebody was Lutzweiler, who used his stationary at the Southeastern Baptist Theological Seminary, which he suspects caught Carter's eye. The conservative seminary was led by Paige Patterson, then president of the Southern Baptist Convention. "It was probably not any brilliance in my essay, which I say with forced and false humility," Lutzweiler said, "but because of my seminary stationary that President Carter replied at all." He also thinks Carter responded because he referred to him as "Brother Carter," which was not political and spoke of fellowship. "I put myself in his shoes as a brother," Lutzweiler said. Carter responded with a letter saying he enjoyed the essay but ended with references to women's roles and the governing minds of the convention. I presume that you must let your (Southern Baptist Convention) president interpret the scriptures. I agree with Texas Baptists and others that it should be Jesus. That was November 2000. Carter had written his comments on the pages of the letter Lutzweiler had written, and then sent it back to him. "It was a short note but it opened the dialogue," Lutzweiler said. Lutzweiler responded with more thoughts and challenged some of the arguments Carter made about leaving. Lutzweiler, who has been described as "every Sunday school teacher's nightmare — witty, probing, opinionated, unpredictable, skeptical, questioning and, above all, challenging," by Jonathan Addleton, a former U.S. ambassador — was unrelenting. But Carter was yielding no ground. "I enjoyed your entertaining letter," he wrote back. He would go on to say: I've been concerned as an individual who wanted to heal differences between SBC factions and have given up on this effort. ... I don't recall picking on Paige Patterson, although he and I disagree on some things ... something not possible for you and others at Southeastern. — Best wishes, Jimmy C While always friendly exchanges, they were also frank. Lutzweiler's next letter to Carter, by then the longest-living former president, came about the time the statesman had written a book of poetry. Upon reading a poem from Lutzweiler called "A Toast to God," Carter told his pen pal it was “remarkable.” "A review I dearly savored," Lutzweiler said. "I asked if I could use his review on the dust jacket of a book of my poems. He replied, 'Yes — with guilt and trepidation!'” Their wide-ranging conversations continued about theology, current events and those critical of Carter's beliefs. When Carter was diagnosed with cancer in 2015, Lutzweiler thought the handwritten letters and messages would stop. But they didn't. Lutzweiler sent Carter a CD of Southern gospel songs he recorded on his back porch while wishing him the best with his fight and recovery. Carter invited Lutzweiler to sing at his church, Maranatha Baptist, in Plains, Georgia. Afterward, Lutzweiler and his wife, Shelly, were invited over for lunch, with Rosalynn Carter later serving them coffee and chocolates with the Secret Service outside. Lutzweiler would return to hear Carter teach Sunday school. And he continued writing to him. In 2019, Carter had tripped and fallen several times in the same year and his handwriting wasn't as clear. The last letter, written July 13 of that year, mentioned a story he had read about Bill Clinton's relationship with his pastor. He did not hear from Carter right away and wrote him again. "He said, 'I have been partially incapacitated by a broken hip,'" Lutzweiler said of the late response. Lutzweiler would later receive a letter from the former president's assistant at The Carter Center, a nonprofit think tank for national and international public policy issues, saying that he would no longer be able to correspond. "He was getting older and I understood that there were many people who wanted to talk to him and visit with him," Lutzweiler said. Lutzweiler has continued to send articles and thoughts that would interest him without the expectation that Carter would reply. Over 20 years, "we had a pretty good run," Lutzweiler said. In early 2023, Lutzweiler was calling Jimmy Carter his friend, and he believed Carter felt the same way. Lutzweiler recalls asking Carter for three signed copies of that poetry book in December 2000, which was one of more than 30 books on faith, politics and insights of the 39th president. He would pay for them, of course. It was Christmas and he wanted to send one of them to Patterson, a Texas judge and Randall Lolley, Patterson's predecesor at the Southern Baptist Convention and the former pastor of First Baptist Church in Greensboro. All had strong ties to the convention. "If you can't," Lutzweiler said he wrote, "I'm going to buy three copies of the book and forge your autograph and you won't believe how much you love these people." Instead, Lutzweiler received four autographed books with a note from Carter, who he suspects got a smile out of the retired archivist's merriment. He included one for Lutzweiler. "A note that said, 'Compliments of the poet, no charge," Lutzweiler recalled. Carter would go on to write: In fact, I've spent several hours with Paige and found him to be an interesting and delightful companion. In addition to the poems, I hope you will give him my best personal regards. I feel that he and I would get along fine as fellow deacons in a small church. Lutzweiler wrote to Carter in December asking for permission to produce the book of letters. He hadn't sent it when it became known that Carter, 98, was in hospice care. Lutzweizer sent what he thought might be their last correspondence on Feb. 22, 2023: Dear Brother/President and Rosalynn, While you live and breathe and can still hear, Shelly and I wish to add our voices to the millions now honoring your life well spent. Nancy.McLaughlin@greensboro.com 336-373-7049 @nmclaughlinNR Stay up-to-date on the latest in local and national government and political topics with our newsletter. {{description}} Email notifications are only sent once a day, and only if there are new matching items.Couchbase Announces Third Quarter Fiscal 2025 Financial Results
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