ICAEW envoy to visit Sri Lanka to strengthen ties with ICASL

A top official from the Institute of Chartered Accountants of England and Wales (ICAEW) is scheduled to arrive in Sri Lanka today to promote the Memorandum of Understanding (MoU) signed between ICAEW and the Institute of Chartered Accountants of Sri Lanka (ICASL) in October last year which aims at enhancinge the accountancy profession in both countries.

ICAEW's Head of New Business Opportunities, Justin West on his two-day visit will make a presentation to ICASL members on the benefit of the MoU and hold a series of meetings with ICASL's key stakeholders.

West is also expected to make several high-level corporate visits during his stay in Colombo.

The ICASL-ICAEW MoU enables qualified members of either institute to join the other.

The ICAEW has extended the fee waiver offered to all ICASL members, who wish to obtain membership from ICAEW.

The fee waiver of Euro 840 was initially offered to ICASL members following the signing of the MoU in October 2010.

The fee waiver was originally scheduled to expire in December 2010.