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ICASL - The Institute of Chartered Accountants of
Sri Lanka
30A Malalasekara Mawatha, Colombo 07
Tel.: 011-258 6256, 011-258 5451, 011-250 0265
Fax: 011-250 8749
E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it This e-mail address is being protected from spambots. You need JavaScript enabled to view it   Web: www.icasrilanka.com

Contact ICASL Branches
Kandy - Tel: 081-2222933,  Kurunegala - Tel: 037-2221708
Matara - Tel: 041-2234800,  Anuradhapura     - Tel: 060-2850006
Ratnapura - Tel: 045-2226760,  Jaffna - Tel: 021-2223382

The Institute of Chartered Accountants of Sri Lanka is the premier Professional. Accounting body established in Sri Lanka by an Act of Parliament, No. 23 of 1959. Students on completion of the required examinations and practical training  are eligible for Associate membership  and advance to fellowship thereafter.

Why be a Chartered Accountant?
Career Path - Chartered Accountant is perceived as a accomplished professional in Accounting, Taxation and Auditing and this provides a good platform to rise to higher levels in the profession.
You gain proficiency ine Auditing and Accounting Standards of Sri Lanka.
Chartered Accountants  are eligible to be in public practice as Auditors and Company Secretaries.
ICASL Curriculum is made in a manner that you can acquire work experience and knowledge together.
Chartered Accountancy is the most recognized accounting qualification in Sri Lanka.
Commands competitive salaries, benefits and other privileges.

Job Options for a Chartered Accountant
As Accountants, Finance Managers, Financial Controllers,Auditors & Finance Directors in the private sector as well as public sector,both locally and overseas.
Public Practice
Foreign Employment (27% members employed in foreign Countries)
Government Service Public Sector as Accountants, Asst Gen Mgrs Dy Gen Mgrs of Finance
Key positions in the Auditor Generals Department
Key positions in State Corporations, Banks

Other details
Cost-Appx. Rs 75,000/= for all exams over a period of 3-4 years
Training requirements – 3-4 years in an approved organization

Scholarships
Merit Scholarship Scheme
Needy Students Scholarship scheme
Scholarship scheme for the top tens at AL Exam in each stream

Entry Requirements
The Sri Lanka or London University G.C.E. A/L in 3 subjects at one sitting with Mathematics or Accountancy or Physics as one of the 3 subjects and 2 credit passes in the same or subsequent attempt. If Mathematics or Accountancy or Physics is not one of the subjects at the Advanced Level, a credit in Mathematics-I or a pass in Mathematics-II or a credit in Commerce & Accounts at G.C.E. O/L Examination is required.

Exemptions
Chartered Institute of Management Accountants (CIMA)
Association of Chartered Certified Accountants (A.C.C.A.-UK)
The Association of Accounting Technicians of Sri Lanka (A.A.T)
Higher National Diploma in Accountancy
B.Sc (Accountancy) Special Degree of the University of Sri Jayawardanapura.
Degree in Commerce/Business Administration/ Accountancy/Financial Management/Business Management from recognized University
Any other qualification approved by the Council

Career Development in Your Profession
Post Graduate Level
Post Graduate Diploma in Corporate and Strategic Finance
For Whom:  Professionals working in Private/Public sector in a finance related field
Quality indicators are used (Quality Assurance Accreditation - QAA of UGC)

Entry Qualifications

  • A degree with a second class
  • A degree with 2 years executive capacity experience
  • Full membership of a recognized professional institution
  • 10 years service experience in an executive position related to finance

Course Fee    :    LKR 55,000
Course Outline    :    Duration one year, 3 semesters, 2 subjects per semester

Contents covered

Compulsory
Accounting for Managers (Semester 1)
Business Finance (Semester 1)
International Financial Management (Semester 2)
Research Project (and Dissertation) (Semester 3)
Two Electives from
Financial Economics (Semester 2)
Corporate Governance (Semester 3)
Investment Management Strategy (Semester 3)

Assessment
Assignments are compulsory, strict deadlines
Students cannot sit for the exam unless they complete assignments
Assignment is to Exam ratio is 40:60

Diploma Level
Executive Diploma in Accountancy
Duration : 11 Months

Entry Requirements
Those who have obtained the Intermediate/Licentiate qualification of the Institute of Chartered Accountants of Sri Lanka, or Any other equivalent qualification with three years post qualifying experience, or Those who demonstrate high levels of skills with long experience.

Diploma in Information Systems Security, Control & Audit
Conducted jointly by the ICA Sri Lanka and ICA India)

Duration: - 6 month

Target Group
Partners, Managers, Supervisors of Audit Firms & Internal Auditors requiring functional level understanding of Computer Auditing, Chief Financial Officers, Controllers & Accountants working in an Information Systems environment requiring to understand Information Systems Controls and Security.

Other Courses
Certificate Course in Taxation
Duration: - 6 months

Target Group
Company Directors & Secretaries, Assessors, Tax  Lawyers, ACA & CIMA Members and the interested Public

Workshop on Enterprise Resource Management (ERM)
Duration: - Two Full days

Target Group
Partners, Managers, Financial Managers, Controllers & Accountants working in Entrepreneur environment requiring to understand Enterprise Resources

Workshop on Advanced Excel
Duration :- Two Full days

Target Group
Staff working in as Officers in all Public and Mercantile sector organizations.

 

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