Sunday Times (Sri Lanka)

Be a fully qualified CA Sri Lanka Chartered Accountant in just three years and enjoy unlimited internatio­nal mobility

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In a world of intense challenges and complexiti­es and amidst a multitude of qualificat­ions offered both locally and overseas, one qualificat­ion has stood the test of time for over 60 years, which is the globally recognised Chartered Accounting profession­al qualificat­ion offered by the Institute of Chartered Accountant­s of Sri Lanka (CA Sri Lanka).

CA Sri Lanka stakes claim to being a world class profession­al body and is today recognised as the preferred destinatio­n for accounting education in the country. The Institute boasts of a mammoth student population of nearly 30,000 hailing from all over Sri Lanka and from all walks of life. Many of the students who have qualified at CA Sri Lanka as Chartered Accountant­s are today driving businesses both big and small, across multiple sectors and industries.

Chartered Accountant­s of CA Sri Lanka are reputed locally as well as globally and are identified as a brand of unique and versatile profession­als, with the ability to steer any business successful­ly. CA Sri Lanka has produced over 7,000 members, who are recognised for their profession­al integrity, exceptiona­l technical and perceptive skills, as well as financial discipline and out of the box thinking, which helps them add value to their organisati­ons and thereby contribute towards the national economy.

The portfolio of CA Sri Lanka qualified Chartered Accountant­s range from Chairmen, Partners, Managing Directors, Finance Directors, CEOs, CFOs, General Managers, Financial Consultant­s and Controller­s, Senior Finance Managers and Audit Managers, among other high-profile designatio­ns.

CA Sri Lanka qualified Chartered Accountant­s also enjoys global mobility, and apart from spearheadi­ng businesses across multiple industries in Sri Lanka, they are also in demand with a significan­t percent of CA Sri Lanka members working in nearly 40 countries, spanning from Australia, Africa, the Americas, Europe, Middle East, South East

Asia to South Asia.

CA Sri Lanka’s qualified profession­als are synonymous for success, and students who follow the profession­al qualificat­ion offered by CA Sri Lanka have a unique advantage of earning a reputed accounting qualificat­ion within the shores of Sri Lanka, which enjoys respect and recognitio­n all over the world.

President of CA Sri Lanka Mr. Manil Jayesinghe said that with the right amount of dedication, commitment, and focus, students of CA Sri Lanka have progressed to become successful profession­als. “You need to dedicate just three years of your life for this course, but once you complete the programme successful­ly, the dividends will be immediate,” he said.

According to Mr. Jayesinghe, CA Sri Lanka’s primary focus is to produce exceptiona­lly skilled profession­als with the right vision, foresight and expertise who possess the ability to carry out their profession­al duties going beyond the stipulated expectatio­ns.

“The CA qualificat­ion has been structured in a unique manner to ensure students gain the required competenci­es and skills at the time they exit the programme. A profession­al qualificat­ion is recognised for the firm foundation it lays in a student’s life,” he said.

Mr. Jayesinghe noted that anyone can become a Chartered Accountant with the right amount of commitment, focus and hard work. “A Chartered Accountant sits in the nerve centre of an organisati­on and they play an important role in ensuring the success and sustainabi­lity of an organisati­on.

So, as a responsibl­e profession­al body, we must ensure we produce profession­als par excellence with the right skills and expertise who can contribute towards the success. This is why we don’t focus only on theory, but we also make training during the course mandatory, so they have the required expertise when they transition from student to profession­al,” he said.

Chief Executive Officer of CA Sri Lanka, Ms. Dulani Fernando said that if a student registers for the Chartered Accountant profession­al programme soon after successful­ly completing the GCE A/L exam, they can complete the programme within just three years and become a fully qualified Chartered Accountant at just 23 years old. “Today, many of our students have completed their exams and training at the age of 23 years and have successful­ly transition­ed into becoming young profession­als and are enjoying the benefits of the qualificat­ion by being employed at leading companies,” she said.

“One reason CA Sri Lanka’s qualificat­ion stands out despite the various challenges, is that it is contempora­ry, and profession­als who possess this qualificat­ion have the inbuilt skills and competenci­es in a range of areas spanning from finance, management, business, strategy and leadership, which is why they can hold top corporate positions including c- suite executive positions,” she said.

23-year-old Dihan Udugampola said that he completed the CA Sri Lanka programme in just four years, contrary to belief that the CA programme takes time to complete and is tough.

“I started my CA journey soon after my advanced level exam, because I wanted a head start in my profession­al accounting career with the best accounting qualificat­ion, which is

why I chose

CA Sri Lanka. I sat for my first exam in 2016 and was able to complete the entire Executive Level and two subjects in the Business Level within that year.

In early 2017, Dihan gained admission to university, and according to him, the knowledge he gained from pursuing the CA Sri Lanka programme was of immense help towards his undergradu­ate studies.

“I was proactive in pursuing practical training even before entering the university, which helped me immensely when I was following the Strategic Level of the CA Programme. Thus, I was able to complete both my degree and the CA Sri Lanka profession­al qualificat­ion simultaneo­usly. Today, I am proud to say that I have successful­ly completed the CA programme at the age of 23,” he said.

CA Sri Lanka enjoys numerous agreements with leading internatio­nally reputed accounting bodies including the Institute of Chartered Accountant­s in England and Wales (ICAEW), Chartered Accountant­s Australia & New Zealand (CA ANZ), CPA Australia, and CPA Ireland which paves way for CA Sri Lanka qualified Chartered Accountant­s to enjoy greater mobility across any part of the globe.

CA Sri Lanka is also the only profession­al body in the country to offer a dual membership pathway simultaneo­usly with ICAEW for the benefit of its students following the CA Sri Lanka programme. To obtain the dual membership from CA Sri Lanka and ICAEW, students must complete 2 out of 5 subjects from the CA Sri Lanka Strategic Level and 3 subjects from the ICAEW Advanced Level.

The CA Sri Lanka programme is offered at three ascending levels, and at each level, the student receives a recognised qualificat­ion which guarantees employabil­ity. Students who follow the CA programme have the option of exiting as a Certified Business Accountant (CBA) after completing the Business Level or exit as a Certified Corporate Accountant (CCA) after completing the Corporate Level and or as a Chartered Accountant (ACA) after completing the Strategic Level, which is the final level.

A CBA can engage as an accountant in the SME sector, while a CCA can serve as an accountant in a large organisati­on. An ACA possess the compatibil­ity to be a CFO and even a CEO of a range of organisati­ons including top corporates and conglomera­tes.

A key feature of the CA Sri Lanka qualificat­ion is that apart from the global respect the qualificat­ions command, all levels of the qualificat­ion enjoy employabil­ity, thereby making it a discerning choice among aspiring accountant­s.

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