The Institute of Chartered Accountants of Sri Lanka (ICASL) has reached a significant milestone, having attracted 800 Approved Training Organisations in its drive to become the premier accountancy education body in the country.
The 800 Approved Training Organisations represent both Audit and Non-Audit (commercial) sectors, including all top practicing firms and reputed companies island-wide.
The growing number of Training Organisations is a worthy testimony to reassure confidence and trust they have in ICASL. "We are proud to say this is a remarkable achievement for our institution," a spokesperson of ICASL said.
The ICASL maintains a good working partnership with these Institutions. Many of these Institutions have not only accommodated the ICASL students as trainees, but also have provided permanent employment opportunities to a large number of students depending on their ability and qualifications. The students also have the opportunity to develop practical skills and the qualities required to be a future business leader and possibly to secure a permanent position with the organisation during their training assignment.
ICASL appreciates that the learning in the working environment is the best way to understand what are being thought in the study program and hence, gaining practical experience is an integral part to become a Chartered Accountant. During the course of the program students are required to complete 3 to 4 years of practical on the job training which gives a good range and depth of technical work experience that becomes increasingly challenging as the period of training progress.
Students of ICASL can choose any one of the Approved Training Organisations to complete their required practical experience.
Up to now ICASL has produced more than 4,000 Chartered Accountants. There are also 30,000 registered students who want to be qualified Chartered Accountants.
Now in its 50th year of educational excellence, the Institute is totally committed to further improving the quality and the diversity of accountancy education.
Today its members hold the highest professional qualification available to Accountants in Sri Lanka. As Chartered Accountants they are working in top ranking business and public practice organisations around the world, recognising the changes in diverse economies and business environments.
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