If we consider about accounting course and programs in Sri Lanka there are hundreds of them. But anyhow there are few professional courses which got higher recognization in Sri Lanka as well as aboard. Having such qualification is really great than having numbers of diplomas and certification which got no recognitions. Today we are discussing a course which leads to obtaining a membership which got great recognition in Sri Lanka as well as abord.
In here we are a plan to discuss some benefits of having the membership of this professional institute. If you have studied advanced level under maths stream your main object is to become a professional charted accountant.
The only institute in Sri Lanka which give professional qualification to become a qualified accountant is Institute of Chartered Accountant of Sri Lanka.
Institute of Chartered Accountants of Sri Lanka
The institute of chartered accountants of Sri Lanka (CA Sri Lanka) was founded by Parliament act of No 23 of 1956 and this is the Sri Lankan professional body for the Accountants. The Institute of Chartered Accountant of Sri Lanka is also a member of International federation of Accountants (IFAC), The confederation of Asian and pacific Accountants (CAPA)and also a member of the South Asian federation of the Accountants (SAFA).This Institute of Chartered Accountants got more than 4300 members and students over 36000.
What qualifications need to become charted accountant?
The basic entry Qualifications for the Institute of Chartered Accountants of Sri Lanka are
- Applicant needs to get pPass three subjects at G.C.E Advanced Level examination under any stream in one sitting.
- Be a graduate from recognized university.
Above are the most common entry qualifications and there are so many other enter qualifications which can join into different levels are mentioned in the website of CA Sri Lanka.
What programs need to follow to become charted accountant in Sri Lanka?
There is study program conducted by The Institute of Chartered Accountant of Sri Lanka and the structure of this educational program is as follows.
- Certificate in Accounting and Business (CAB-I)
- Certificate in Accounting and Business (CAB-II)
- CA Professional (Strategic Level I)
- CA Professional (Strategic Level II)
- CA Professional (Post Strategic Level I)
Following are the illustrative curriculum module conducted by this Chartered Accountant Institute of Sri Lanka. The categorization of the mentioned program can further subdivide as the following image.
The medium of Study:
Certificate in Accounting and Business (CAB-I) and CAB-II conducted in Sinhala, Tamil and English Language and another course higher is conducted only in the English Language.
To become Chartered Accountant student need to get pass the all the necessary modules conducted by the institute with three years of training under-recognized accounting firm. The working experience (Training) is also an essential part to becoming a professional chartered accountant.
Exceptions for Other Courses:
There are several professional accountant based course in Sri Lanka which got international recognition such as
- Chartered Institute of Management Accountants (CIMA)
- Association of Chartered Certified Accountants (ACCA)
- Institute of Bankers of Sri Lanka
- Association of Accounting Technicians of Sri Lanka AAT (Sri Lanka)
- HNDA at Sri Lanka Institute of Advanced Technological Education (SLIATE)
- The Chartered Institute of Marketing (CIM) UK
For those who successfully completed mentioned professional course can get great exceptions to get a professional qualification at CA Sri Lanka to become a charterd accountant.
For further details of exceptions visit Institute of Chartered Accountants website (www.casrilanka.com) or contact their regional branch or head office which contact details are shown in below.
Other Courses Conducted at institute of chartered accountants of Sri Lanka
The Institute of Chartered Accounts of Sri Lanka also conducted degree programs (B.Sc. (Applied Accounting) Degree Programme )under accountants and management which recognized by the university grant commission of Sri Lanka.They also conduct several postgraduate courses such as.
- Master of Business Administration (MBA)
- Master of Project Management (MPM)
- Postgraduate Diploma in Business Management
- Executive Diploma in Business and Accounting
For further Details Contact:
contact following contact details to get more information regarding becoming a professional chartered accountant in Sri Lanka.
The Institute of Chartered Accountants of Sri Lanka
30A, Malalasekera Mawatha,
Colombo 7, Sri Lanka
Telephone : +94-11-2352000 (General)
Telephone : +94-11-2352099 (Student Inquiries)
Fax : +94-11-2352060
Regional Branch of CA
268, Sagara Building,
Anagarika Dharmapala Mawatha, Matara T : 041 2234800
Sabaragamuwa Chamber of Commerce and Industry Building
8/1, Bandaranayake Mawatha, Ratnapura T : 045 -2226760
15/6, Convent Road,
Kurunegala T : 037 -2221708
42/1/2, A A Dharmasena Mawatha
Mahaiyawa, Kandy T : 081 -2222933
North Central Province
561/39, Preman Mawatha,
Anuradhapura T : 025 -2226845
Jaffna College Undergraduate Department, 464, Hospital Road,
Jaffna T : 021 -2221947
Eastern Knowledge Centre
26, Amman Kovil Road
Kalmunai T : 067 -2226038