CA Sri Lanka launches Degree program in Applied Accounting
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka)
launched its first degree program in applied accounting at a ceremony
held under the patronage of Minister of Higher Education S. B.
Secretary, Ministry of Cooperatives and Internal Trade, G K D
Amarawardena and Secretary, Ministry of Higher Education Dr. Sunil
Jayantha Nawaratne were present.
The new degree program is a landmark in the tertiary education sector
of Sri Lanka and aspires to meet the dearth of university level
education institutes in the country due to limited intake to local
CA Sri Lanka President, Sujeewa Rajapakse said that the BSc in
Applied Accounting which has been approved by the University Grants
Commission is another feat in the institute's continuing endeavour to
provide youth with the best qualifications in the accounting field.
"In recent times, we saw thousands of students unable to gain entry
into universities due to limited intake. This led to many students
spending substantial sums of money to follow degree programs at foreign
universities and in some cases students joined foreign universities of
questionable repute," he said.
Rajapakse said that as a responsible institute and as a leading
tertiary education provider, CA Sri Lanka decided to help remedy this
increasing dearth in recognised higher educational opportunities in Sri
Lanka, and launched its own degree degree in applied accounting.
He said that CA Sri Lanka as the national body of accountants
supports the government's vision to ensure that youth are empowered with
professional skills and academically qualified for their long term
success and to ensure the country has a skilled workforce.
"I think this degree program, will play a tremendous role in helping
our nation achieve the objectives of a skilled workforce before long, so
we can realise our country's development-driven ambitions," Rajapakse
The inaugural degree program which will commence in June this year
will be conducted by the institute's full-fledged School of Accounting
and Business (SAB).
Chief Executive Officer of CA Sri Lanka, Aruna Alwis said that
throughout the institute's five-decade long existence, CA Sri Lanka has
constantly assured quality education that is accessible to all in
accordance to social needs and individual aspirations.
"Therefore, as a step forward and to meet the continuous market
demand, the institute is introducing the BSc (Applied Accounting)
General and Special Degree Programs to fulfill the increasing demand in
the field of accounting and to create employable graduates with
knowledge, skills and attitudes," he said.
Alwis said that CA Sri Lanka is equipped with the requisite
infrastructure to ensure a rewarding learning experience for its
students. He said that the course modules will be conducted by qualified
and experienced academic staff and the institute will maintain the
academic standards stipulated by the University Grants Commission
throughout the degree program.
"I invite youth to take advantage of this opportunity offered by CA
Sri Lanka and embark on a successful and rewarding career," he said.
CA Sri Lanka is one of the largest tertiary education providers in
Sri Lanka outside the university system with over 41,000 students.
The institute has a membership of 4,300 full-qualified Chartered