CA Sri Lanka introduces accounting professionals to ACL software

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), in its continuing efforts to ensure accounting professionals are well versed in all areas including information technology, recently introduced chartered accountants to the highly versatile ACL software during a special training program held at the institute.  

The ACL – Audit Analytics and Continuous Monitoring – software is a specialised program aimed at transforming audit and risk management to give organisations unprecedented control over businesses.

 The one day training program was conducted by Paul A. Lloyd-Smith, a specialist in ACL risk and compliance with a Bachelor of Science degree from the University of London.

CA Sri Lanka members gained vast insights on the benefit of ACL products, the elements of data analysis, while being provided with a detailed demo on ACL Desktop and ACL Analytical Exchange by Lloyd-Smith.

ACL Products including ACL cloud based audit, compliance management solutions and flagship data analytics products help all levels of an enterprise to maximise growth opportunities, by identifying and mitigating risks, protecting profits and accelerating performance.

The program was organised by the IT Training Division of CA Sri Lanka and was sponsored by ACL Service London through SEATOL technologies – the ACL channel partner in Sri Lanka.

 CA Sri Lanka President Sujeewa Rajapakse noted that information technology is a vital element for the long term success of professionals.

 “As a responsible institute, our ultimate aim is to ensure our members are well versed with the latest technology updates in both accounting and non-accounting spheres. Therefore, the institute takes every effort to ensure that we update the knowledge of our members on a regular basis with the latest global trends in technological advances such as the ACL software,” Rajapakse added.

The brainchild behind this initiative, CA Sri Lanka Vice President Arjuna Herath, disclosed that the Institute will soon sign a Memorandum of Understanding with ACL Europe, thereby recognising CA Sri Lanka as the ACL training partner in the country.  

Chief Executive Officer of CA Sri Lanka Aruna Alwis noted that the training program was a timely initiative of the IT Training Division as programs such as these caters to the diverse needs of its primary stakeholders including members, students and public.