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16 CA Sri Lanka Integrated Annual Report 2024
Chief Executive Officer’s Review
The success of our student intake was The launch of this new curriculum, scheduled for
accompanied by an expansion of our event early 2025, represents a revolutionary shift in how
calendar, with numerous celebrations and we educate the next generation of accountants.
activities to commemorate our 65th anniversary. By integrating cutting-edge technologies and
This included the National Conference, which addressing global sustainability challenges, we
saw a record physical attendance of 1,900 are ensuring that our students are equipped with
delegates, with an additional 500 participants the skills and knowledge necessary to thrive in a
joining virtually. The TAGS Awards also achieved rapidly evolving profession.
unprecedented participation, showcasing the
depth of engagement and enthusiasm among Students are the future of our profession, and to
our members and stakeholders. The nearly six ensure they remained up-to-date when stepping
decades long competition, also reached new into the professional realm, we continued to
heights last year, when the TAGS Awards, for the offer a variety of programmes and services
first time in its 59-year history, integrated Artificial throughout the year under review to support their
Intelligence (AI) into its evaluation process. This development. Furthermore, for students awaiting
historic moment underscored our commitment to their GCE A/L results, we continued to offer the
innovation and staying at the forefront of global Aptitude Test, enabling them to fast-track their
trends. professional aspirations without waiting for their
results.
The Annual Conference organised by the public
sector wing, APFASL was also held with the We also conducted upskilling programs to
participation of public finance professionals from bridge knowledge and soft skill gaps for
across the country. The theme of the event was students. Additionally, the CA Online Academy
“Legislative Reforms Driving Economic Change: YouTube channel provided continued support
The Role of Public Sector Professionals.” through detailed lectures, exam guidance, skill
development videos, and expert-led webinars. CA
Reaching New Heights Sri Lanka also introduced the UP CLOSE with CA
The year under review was a landmark period sessions for interactive learning and organized
for CA Sri Lanka, with several key milestones the CA Sri Lanka Career Fair in March 2024,
underscoring our continued growth and success. where over 400 students connected with training
Financially, the Institute reached new heights, opportunities from 30 Approved Training Partners.
recording its highest operational surplus to
date, a reflection of our effective management, Furthermore, through the generous contributions
strategic planning, and resource optimization. of individual donors and CA Sri Lanka’s various
These achievements collectively demonstrate our regional chapters, scholarships were awarded to
unwavering commitment to growth, excellence, students under two categories; financial assistance
and innovation as we continue to build a stronger for students facing economic hardships and merit-
future for CA Sri Lanka. based scholarships for those who demonstrate
outstanding academic excellence. This initiative
Curriculum Evolution and Student provides talented individuals, regardless of their
Development financial background, the opportunity to pursue a
As part of our ongoing efforts to ensure that CA prestigious career in accounting.
Sri Lanka remains at the forefront of accounting
education, we undertook a comprehensive review Empowering Excellence in the Accounting
of our curriculum during the year under review, Profession
in accordance with the International Educational At CA Sri Lanka, we are committed to empowering
Standards, which require updates every five years. accounting excellence by offering a wide range
Our team conducted an in-depth study of ten of services to our stakeholders, with a special
international accounting programs, extracting focus on our members, who serve as our brand
valuable insights and best practices to incorporate ambassadors. As such, during the year under
into our local curriculum. This process has led review, we conducted a range of events for the
to the development of a new curriculum that benefit of our members, including seminars and
aligns with global trends in technology, artificial workshops on various topics.
intelligence, and sustainability—key areas that are
reshaping the future of accounting.