CASL launches four-point plan

The new president of the Institute of Chartered Accountants of Sri Lanka (CASL) Lasantha Wickremasinghe recently unveiled a four-point plan for the next two years, to help the institute and the accounting profession remain at the helm.

Wickremasinghe said the new council will strive to ensure that all members of CASL conform to the highest ethical standards, because ethical behaviour and professional approach is crucial to all issues.

"All chartered accountants should be highly skilled not only technically, but also with other soft skills such as analytical, communication and interpersonal skills to build trust and confidence among the community we serve. Our members should be truly committed to the highest standards of ethics and good social behaviour, and we will upgrade our skills, relevant to the developments in the environment in which we work," Wickremasinghe said.

He said a profession needs a support structure, provided through a stable body such as CASL, and in this context the institute will focus on four areas.

Accordingly, members will be provided with the relevant information and opportunities to develop skills in new areas which continuously impact the profession without forgetting the core competencies in accounting systems, audit and tax, followed by the second area to enhance the institute's involvement, support the business community and the government.