NSF wins at the Best Annual Report Award Ceremony 2022

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The Best Annual Report Award Ceremony 2022 organized by the APFA, and CA was held on the 02nd of December 2022 at the BMICH under the theme “Transforming the Public Sector for Economic Revival”. This was the sixth annual competition conducted by the APFA, and CA based on the year 2020 accounts. The competition provides all public sector organizations that produce annual reports and accounts an opportunity to benchmark their reports against Best Annual Reports and Accounts (BARA) criteria which are based on relevant statutes & circulars, guidelines, as well as the Sri Lanka Public Sector Accounting Standards, and international best practices.

The NSF has taken part in this competition four times since 2018 and was honoured for the fourth consecutive year. Annual report 2020 won the silver award the under the category “Research Institutions” at the Best Annual Report Award Ceremony 2022.

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For the year 2017 annual report, the NSF won the gold award.

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Year 2018 annual report won the silver award.

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The NSF Annual Report 2019 won the bronze award in 2021

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The NSF has gradually improved the presentation of the content in the annual reports, and we have met all essential ingredients that require merit. According to APFA, the competition is becoming extremely high every year. According to APFA, and as announced at the awards ceremony, the next year’s competition will be based on the 2022 annual reports. Public accountability and value addition will be major criteria of evaluation in future, and it was specifically mentioned during the speeches at this ceremony.


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