The government with the aim of enhancing the knowledge on information technology among the children in the Uva Province through 1000 secondary school development programme, constructed several Mahindodaya Technological Laboratories in the Uva Province too.

In yet another pioneering initiative, aimed as a value added service to all its stakeholders, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) has launched a ‘Job Bank’ which features the best and latest vacancies in the market specifically targeting accountants and financial professionals.

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), in its capacity as the sole authority to promulgate accounting standards in the country, will kick off a seminar series on accounting standards in its continuing attempts to promote better understanding of these standards among all stakeholders.

SLIIT Open Day on 5th September

Wednesday, 03 September 2014 07:18

Students who wish to follow degree programmes at SLIIT are invited to attend the SLIIT open day on the 5th of September from 9am to 5pm.

The Training Partner portfolio of the Institute of Chartered accountants of Sri Lanka (CA Sri Lanka) continued to expand as new companies came onboard to provide practical training for students under the Strategic Level.

The MAS Institute of Management and Technology (MIMT) recently joined hands with the Institute of Chartered Accountants of Sri Lanka to power the 35th National Conference of Chartered Accountants with a gold sponsorship.

Aitken Spence PLC, the country’s leading blue-chip conglomerate has once again reposed its confidence with the country’s national body of accountants, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) by supporting its activities as a lead sponsor for the year 2014/2015.

The prestigious Annual Report Awards organized by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) received a tremendous boost recently with the Colombo Stock Exchange (CSE) coming onboard to power the event with a strategic partnership.

The golden jubilee anniversary of the Annual Report Awards competition organized by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) received renewed support for a third year straight from Lanka Ratings Agency Limited (LRA).

LRA, formerly known as RAM Ratings (Lanka) Limited will be the event sponsor once again at this year’s Annual Report Awards which rewards excellence in annual reporting.

Welcoming LRA onboard, Mr. Arjuna Herath, President of CA Sri Lanka, emphasized that securing the support of one of Sri Lanka’s leading credit rating agencies was indeed testament to the event’s stature which has over a period of 50 years enhanced the transparency, accountability and good governance among corporates in Sri Lanka.

“CA Sri Lanka is pleased to have onboard LRA for a third consecutive year to power out prestigious Annual Report Awards competition, which is undoubtedly one of the country’s most looked forward to corporate level events. Securing the support of LRA for three years straight also shows the event’s significance,” Mr. Herath said.

Mr. Herath also noted that CA Sri Lanka has been very focused in recognizing the corporates producing best annual reports that adhere to good principles and best practices which allows to create a more responsible and accountable corporate world ensuring sustainable growth of not only the corporate entities but the country as a whole.

Mr. Preethi Jayawardena, Chairman of LRA noted that with its affiliation with CRISIL India, a Standard &Poor’s Company, LRA is happy to be associated with CA Sri Lanka for its prestigious 50th anniversary celebrations of the Annual Reports Awards ceremony which enhances corporate governance standards in Sri Lanka.

Mr. Adrian Perera, Managing Director/CEO of LRA said,“We have been associating with CA Sri Lanka for the past two years,this is our third year in a row in our journey towards better corporate reporting culture which will help the capital market to be at par with developed countries.”

Registration for this year’s competition is currently open and awards will be presented under 23 categories which will include a main winner and two runners up under each category.

Mr. Tishan Subasinghe, Chairman of the Annual Report Awards Committee 2014 noted that the Annual Report Awards competition has been instrumental in shaping the quality of annual reporting of corporates to the highest standards, taking financial reporting to a whole new level in Sri Lanka. He disclosed that this year year's competition has updated the checklists to absorb new changes to the accounting standards, while some marks have been re-allocated in recognizing the importance of certain disclosure.

Caption – (L-R) - Mr. Aruna Alwis, Secretary/CEO – CA Sri Lanka; Mr. Tishan Subasinghe, Chairman – Annual Report Awards; Mr. Lasantha Wickremasinghe, Vice President – CA Sri Lanka; Mr. Arjuna Herath, President – CA Sri Lanka; Mr. Preethi Jayawardena, Chairman - LRA; Dr. Dayanath Jayasuriya, Chairman of the Rating Committee – LRA; Mr. Adrian Perera, Managing Director / CEO – LRA; and Mr. Anas Mowshook, Assistant Manager – Finance & Compliance – LRA.


The BSc. Degree in Applied Accounting offered by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) has received a fresh boost after it attracted an impressive number of students from Oman this month.

The Staff Welfare Society of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently made a financial donation to the Maharagama Cancer Hospital which was generated from the proceeds of the Rhythm of the 70s Musical Show organised by the Staff Welfare Society.