ACCA partners with Wisdom Business Academy

Wednesday, 24 June 2020 00:00 -     - {{hitsCtrl.values.hits}}

The ACCA Silver learning partner status certificate being handed over to Wisdom Business Academy Director Mallik De Silva by ACCA Sri Lanka Head Nilusha Ranasinghe, in the presence of Wisdom Business Academy Group General Manager Chinthaka Wijayaratne and ACCA Sri Lanka Member Network Panel Chairman 

Suren Rajakarier  

ACCA, having registered in Sri Lanka since 2002, has had an exponential growth rate of its students year on year, over the last 18 years.

With a further recent spike in demand for the qualification, ACCA Sri Lanka is gearing itself for an even larger market share, where an important part of this venture is in expanding its portfolio of quality tuition providers to deliver the qualification in keeping with ACCA’s global standards.

ACCA Sri Lanka and Maldives Head Nilusha Ranasinghe stated that ACCA is a fully-fledged finance and accounting qualification which is not sector driven. The strength lies in its members and global network that is well recognised by both the industry and employers. The qualification gives a complete overview of finance management, covering strategic business reporting, taxation, financial management and reporting, audit and assurance, performance management, risk, ethics, corporate governance, analysis and digitisation. 

Suited to any employment sector with a strong global footprint, ACCA has been focusing on strengthening their proposition in being accessible to students across the country to gain the qualification and to support conversion to membership.

The current tuition providers have high pass rates which are above global average pass rates as well as producing many national and global prize winners. Nilusha said, “These results are not only due to the commitment of the relevant institutes but also due to the stringent standards ACCA deems them to maintain, in having the right environment, systems and processes to monitor student performance, a lecturer team consisting of professionally qualified personnel with proven years of experience, as well as the ability to deliver high pass rates each year. ACCA will be partnering with such high calibre institutes to expand reach within Sri Lanka this year.”

In keeping with this mission, ACCA partnered with Wisdom Institute for International Studies, a subsidiary of Wisdom Business Academy, who is a well reputed professional education institute in Sri Lanka. Further, Wisdom Business Academy is affiliated with renowned highly ranked UK and Australian Universities such as the Robert Gordon University and the University of South Australia. 

Speaking of the partnership Nilusha added, “With Wisdom’s history of delivering superior level academic and professional qualifications with their current partnerships mentioned above and having produced many country and world prize winners and their supportive culture which empowers students to deliver world class performances, we are confident they are the type of learning provider well suited to meet and keep up with the high-quality standards expected from our learning providers and to maintain our brand vision of being a ‘forward-thinking professional body’.

Endorsing these comments Wisdom Business Academy Group General Manager Chinthaka Wijayaratne affirmed, “Today, businesses are demanding more than they ever before. Employers are searching to recruit professionals who could help drive profitable businesses forward in highly volatile markets. We believe that the ACCA qualification is constantly evolving to include a mix of real-world focus and theory in every element, so that the next generation of finance professionals will be prepared to handle challenges successfully in their workplace as well as the market at large. 

“Wisdom, over the past 18 years has built a reputation for developing and delivering tailored professional education programs in close collaborations with partners to ensure they are relevant to the future needs of organisations. In doing this Wisdom has introduced latest cutting-edge online learning solutions to students which results in a high level of convenience and learning satisfaction. We are confident that this partnership with ACCA will be an important step towards broadening our ambition of being a foremost learning provider in professional education.”

ACCA and Wisdom Business Academy, hope to utilise their partnership to take forward their mutual vision of supporting Sri Lankan students in their learning journey and work together to produce talent that is a first choice with employers both locally and globally.