CMA Sri Lanka signs Membership Pathway Agreement with CPA Australia

From left: CMA Vice President H.M. Hennayake Bandara, CMA President Prof. Lakshman R. Watawala, CPA President and Board Chairman Peter Wilson and CPA Australia CEO Andrew Hunter 

CMA Sri Lanka, the national professional management accounting body in Sri Lanka incorporated by Act of Parliament No. 23 of 2009, signed a Membership Pathway Agreement (MPA) with CPA Australia, a leading professional accounting body in Australia at the World Congress of Accountants held in Sydney, Australia, considering the importance of global mobility for professional accountants around the world.  

This will provide opportunities for CMA members to obtain Associate Membership of CPA Australia (ASA) and a pathway to obtain exemptions at the CPA Professional Program. 

The CPA Australia President stated: “As a leading professional accounting body in Australia and a member of the International Federation of Accountants (IFAC) we are indeed proud to have signed a Member Pathway Agreement (MPA) with CMA Sri Lanka at the World Congress of Accountants which was held in Sydney in early November. CPA Australia were joint hosts with CA Australia for the World Congress of accountants which had over 6,000 members participating from IFAC member countries and member bodies. This MPA will enable CMA members to sit for certain specified subjects and obtain membership of CPA Australia which is one of the world’s largest accounting bodies with a global membership of more than 163,750 members (as at 31 December 2017) working in 125 countries and regions around the world. Further, CMA members will be given the opportunity to study and sit for these examinations in Sri Lanka.”

The agreement was signed at the International Convention Centre (ICC) Sydney Australia during the World Congress of Accountants from 5 to 8 November hosted by the Chartered Accountants (CA) Australia and CPA Australia.

Signatories were CPA Australia President and Chairman of the Board Peter Wilson and CMA Sri Lanka President Prof. Lakshman R. Watawala witnessed by CPA Australia Chief Executive Officer Andrew Hunter and CMA Sri Lanka Vice President Hennayake Bandara.  

Members of CMA can contact Ms. Madushi on 0113 158050, 2506391 or 2507087 e-mail [email protected] or [email protected] details.