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CA Sri Lanka Integrated Annual Report 2024 13

We are planning to issue an application
guideline book for preparers, in collaboration
with government agencies, to adopt a common Our commitment to shaping the future
framework for climate-related indicators. This of the profession remains steadfast.
will involve continuous engagement with other We strive to be at the forefront of our
stakeholders, including unquoted companies profession, transforming our students,
representing key industries. Additionally, we are creating growth opportunities for our
taking steps to adopt international sustainability members, and driving transparency,
assurance standards, with due consideration for
the local context. accountability, governance and
sustainability for our public and private
Upholding Standards in line with Global sector stakeholders.
Benchmarks
We continued to update our standards in line
with international standards, issuing updated
volumes for members on international standards As for the students, the Institute will launch
for financial reporting, auditing and assurance. a transformative curriculum for the period
Similarly, in supporting the country’s transition 2025-2030, introducing key features for the
to an International Public Sector Accounting enhancement of soft skills, IT and AI knowledge
Standard (IPSAS) based public sector accounting in response to the evolving global business
framework, the Sri Lanka Public Sector Accounting dynamics. The curriculum which was developed
Standards (SLPSAS) Committee, together with the in consultation with several international and local
Association of Public Finance Accountants of Sri stakeholders, aims to produce agile professionals
Lanka (APFASL), which is our public sector wing, who could navigate the complexities of the
is actively working to update the Sri Lanka Public business landscape, contributing meaningfully to
Sector Accounting Standards to align with the the progress of their organizations.
latest IPSAS 2022 version. The updated versions
of SLPSAS will be available for users by the end of As move forward, maintaining service excellence
2025. will also be a priority to provide students with a
better learning experience. These will include
Expanding Our Global Footprint increasing our online presence, activation of the
In our effort to expand globally, we formed two student inquiry system, as well as revamping the
new chapters in New Zealand and Ireland. To digital platform.
engage our large overseas membership, we
appointed many overseas members to the Focusing on student and member value creation,
Chapter Engagement and Business Opportunity the Institute has launched the UniEX (Unifying
Committee (CEBOC), marking the first time the Excellence) project to develop a blueprint for
committee chairman is an overseas member. digital transformation and has requested proposals
CEBOC, along with the President, Vice President, from experts covering all processes, including
CEO, and administration team of CA Sri Lanka, the website and a mobile app. We are planning to
meets quarterly to discuss matters related to commence the project with the selected service
overseas chapters. Additionally, this platform providers within the second quarter of 2025.
allows us to leverage the expertise of our overseas
members for professional development and As highlighted earlier, we aim to enhance the CA
student support activities. We are grateful for the qualification’s appeal through brand-building
various engagement activities carried out by our activities. We are raising awareness about the
overseas chapters, which enhance the standing of value of our qualification, debunking myths,
CA Sri Lanka internationally. and highlighting the public interest role of our
members.
A Pioneering Vision for Tomorrow
Our commitment to shaping the future of the Considering the gradual increase in demand, we
profession remains steadfast. We strive to be at will expand our capacity to accommodate more
the forefront of our profession, transforming our students for our degree programs at SAB Campus.
students, creating growth opportunities for our
members, and driving transparency, accountability,
governance and sustainability for our public and
private sector stakeholders.