CA Sri Lanka considers degree courses among SAARC countries
View(s):The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) is considering the possibility of propagating its BSc. Degree in Applied Accounting among South Asian countries.
Speaking during the inauguration of the second intake of the BSc. (Applied Accounting) General/Special degree, CA Sri Lanka President Arjuna Herath said, “we should promote this degree internationally, and as a first step in realising this endeavour, we must market the degree programme initially to students in the SAARC region.”
The BSc. Degree in Applied Accounting which was launched in 2013 is CA Sri Lanka’s first ever degree and approved by the University Grants Commission (UGC) on par with any other General /Special degree awarded by local universities in Sri Lanka, the institute said in a media release. Mr. Herath said that fresh efforts will be taken to popularise the CA Sri Lanka BSc. (Applied Accounting) degree among advanced level students who are aspiring for a career in accounting. “There is a dearth at present for professionally qualified accountants and this is obvious by the large number of advertisements we see advertising for qualified accountants and finance managers,” he said, while adding that the degree as well as CA Sri Lanka’s professional qualification in chartered accountancy will continue to address this dearth by producing fully proficient accountants and finance managers to the country.
Dr. Sunil Jayantha Nawaratne, Secretary to the Ministry of Higher Education, delivering the keynote speech emphasised the need for undergraduates to be vigilant about the continuous changes taking place globally in the higher educational arena.
Dr. Nawaratne also highlighted that accountants and finance managers today hold prestigious and responsible positions across the corporate. “This is because of the sheer commitment and sacrifice they make during their higher studies,” he said while adding that commitment and dedication was imperative if one is to become a worthy person to society.
The CA Sri Lanka BSc.(Applied Accounting) is open for students with three passes (in any subject stream) at the GCE Advanced Level examination or any other equivalent qualification acceptable by the UGC.
The degree is designed under two stages, namely the general degree programme which will be conducted over a period of three years covering six semesters and or the special degree which will be conducted over a period of four years covering eight semesters.