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Fresh boost for accounting profession as CA Sri Lanka grants associate membership to 250 new chartered accountants and 73 New FCAs

03rd October 2013: The accounting profession in Sri Lanka received a renewed boost with 250 new chartered accountants being granted the Associate membership by the country’s national accounting body, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) at the annual convocation held at the Water’s Edge in Battaramulla.

The convocation was held under the patronage of the Hon. Johnston Fernando, Minister of Co-operatives & Internal Trade, and Mr. Samantha Rajapaksa, Group Managing Director of Associated Motorways (Pvt) Limited as the guest of honour.

During the convocation, another 73 associate members were conferred the distinguished Fellowship status elevating them to the highest stratum in their professional careers.

Joining a fraternity of 4300 existing CA Sri Lanka members, the new associate members were officially granted associate membership during the convocation which also signified the completion of their professional qualification in chartered accounting.

Extending his congratulations to the new associate and fellow members, CA Sri Lanka President Mr. Sujeewa Rajapakse addressing the convocation highlighted the need to continuously demonstrate professional skills whilst strictly maintaining the integrity andethics of the profession.

“Maintaining your professional integrity is a must and so is sticking to ethics, and as you are exposed to more and more opportunities both good and bad, you need to understand the implications and think before you act, because not only is your reputation at stake, but so is your profession and your institute,” he noted.

Mr. Rajapakse pointed out that in today’s context, accountants sits close to the nerve centre of any organization. This close proximity to the decision making process provides numerous opportunities for their career enhancement and growth.

“But the business world is becoming more challenging; organisations are becoming more complex, demanding more from professionals. Keeping up with the continuing changes at a global and local level is challenging, yet to succeed one has to be well informed and up to date constantly. Therefore it is important to continue your learning process and for this the institute organizes various CPD events for your pro