CA Sri Lanka unveils new curriculum
View(s):The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), in a visionary leap aimed at revolutionising professional education, on Wednesday unveiled its new curriculum aimed at churning out high quality chartered accountants by 2020 and beyond.
The curriculum 2015 was ceremoniously launched in the presence of business leaders including Chairman of the Ceylon Chamber of Commerce Suresh Shah, chief guest at the event, academics and students.
President of CA Sri Lanka Arjuna Herath speaks.
The new curriculum which comes into effect from next year is designed to ensure that the future chartered accountant goes beyond its traditional financial role and becomes a true partner in business who will create value, enable value, preserve value and report value to the organisation they serve, the institute said.
The new CA Sri Lanka curriculum which meets international standards including global qualification requirements laid down by the International Federation of Accountants in its International Education Standards, was developed following an extensive consultation process comprising CA Sri Lanka members, and non-members including chief executive officers, heads of accounting and finance, human resource managers, academics and students.
Speaking at the President of CA Sri Lanka Arjuna Herath emphasized that the world has become exceedingly complex and is fast changing. “In such an environment, we need to continuously transform ourselves to be useful players in the progress and development of our people and the organisations we serve. This was the rationale for the new syllabus”.
He added that the new syllabus is geared to meet the needs of both employers and employees at all levels of competencies.
The curriculum 2015 is structured around three pillars; Knowledge, Skills and Personal and is offered at three levels; Executive, Business and Corporate.
Accordingly, students who complete the executive level will be recognised as ‘Certified Business Accountant,’ while students who complete the business level will be known as a ‘Certified Senior Business Accountant.’ Students who complete the third and final level which is the corporate level will be recognized as a ‘Chartered Accountant’. Chief Executive Officer of CA Sri Lanka, Aruna Alwis said at present there are over 44,000 students who are studying to be chartered accountants while in 2013, over 12,000 students registered for the institute’s benchmark qualification in chartered accountancy.