CA Sri Lanka and Jaffna University to enhance accounting education
View(s):The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) and the Department of Accounting of the University of Jaffna entered into a Memorandum of Understanding (MoU) recently to develop and strengthen the accounting education and the profession across Sri Lanka.
The agreement being signed
Signed between CA Sri Lanka President Sujeewa Rajapakse and Vice Chancellor of the University of Jaffna Ms. V Arasaratnam, the arrangement will permit the institute and the university to share resources and knowledge.
CA Sri Lanka President, speaking at the signing ceremony emphasised that the MoU will help strengthen the relationship between the academic and professional institutions by sharing resources, knowledge and most importantly enhancing the accountancy knowledge, which will in turn help produce fully fledged professionals to help steer Sri Lanka.
“Collaboration is important if we are to witness success in the future and therefore partnerships between professionals and academia is crucial for the betterment of our country,” Mr. Rajapakse said according to a media release.
He said over the years equal attention has been given to Jaffna and the Northern Province in helping produce qualified accountants both to Sri Lanka and the world. “I am delighted to disclose that since the end of the war, we have seen a tremendous increase in the number of students who have registered for our programme from the North,” Mr. Rajapakse said.
Under the MoU, CA Sri Lanka will offer scholarships for the university’s undergraduates to follow the CA Sri Lanka programme, a CA Sri Lanka sponsored special award for the most outstanding student of financial accounting from the university apart from a range of exemptions for students to follow the CA Sri Lanka programme.
The agreement will also allow:
-Lecturers of the university to participate in seminars, workshops and conferences conducted by CA Sri Lanka,
- Jointly conduct research relating to accounting topics,
- Jointly revise the curriculum of the course units and introduce changes as and when appropriate.
- CA Sri Lanka will assist undergraduates of the university to obtain practical training in Business organisations, Audit Firms and State Corporation Sectors