CA Sri Lanka to launch curriculum aimed at producing 2020 chartered accountants

Thursday, 20 March 2014 00:00 -     - {{hitsCtrl.values.hits}}

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), in its capacity as one of the country’s leading tertiary education providers will launch a revolutionary curriculum which aims to produce visionary Chartered Accountants in keeping with changing times and market requirements. The revised curriculum of the internationally recognised Chartered Accounting qualification, which will be launched shortly by CA Sri Lanka, has been developed in keeping with the evolving market needs in mind ensuring proficient chartered accountants with the required leadership skills are developed to drive businesses across any sector. The revised curriculum which aims at developing Chartered Accountants to partner business through financial leadership consists of three vital elements, encompassing knowledge, skill and qualities, giving the future chartered accountants the ability to utilise their astute knowledge in decision making through sound financial reasoning while being cohesive to economic, industry and business circumstances. The new curriculum will also focus on boosting the skill competencies of a chartered accountant by providing them with vital organisational skills integrated into strategic decision making in a consistent manner, apart from infusing the aspiring chartered accountant with characterised values inspiring excellence in performance while maintaining social responsibility. The new curriculum has been developed on a pillar concept, divided into three levels of executive, business and corporate levels. The curriculum will focus on the five pillars of financial accounting and reporting, management accounting and finance, tax and law, assurance and ethics, and the management and contemporary. Speaking on the revolutionary initiative, CA Sri Lanka President, Arjuna Herath emphasised that the new curriculum meets with all the required international standards and will meet the aspirations of all stakeholders including students, employers and the industry. “This new curriculum will ensure that the 2020 chartered accountant becomes a true partner in business and will create value, enable value, preserve value and report value, which will make the CA qualification to be the most sought after qualification for a business leader,” he said. Herath added that the new curriculum has been developed subsequent to an extensive consultation process locally as well as internationally.  CA Sri Lanka Chief Executive Officer Aruna Alwis noted that the institute’s position as a leading tertiary education provider in Sri Lanka was evident with the consistent increase in the number of registrations for its benchmark program every year. “In 2013 CA Sri Lanka recorded the highest number of student registrations of over 12,000. I believe with the new curriculum which will be launched shortly, the registrations will only increase in the months ahead,” he added. Alwis added that the institute’s global standing was evident with over 30% of its members serving in overseas positions across all continents.

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