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CA Sri Lanka Integrated Annual Report 2024 17

Additionally, we organized a series of social events
to promote work-life balance among our members.
These included Karaoke Night, Cricket Fiesta 2024, Looking ahead, CA Sri Lanka remains
Member Quiz Night, and the Sunset Soiree beach committed to empowering our
party. students and members, who are
the driving force of the accounting
Also, the Annual Convocation was held in October profession in our country. We will
at the BMICH, celebrating the achievements of 381 continue to provide the highest
Associate Members (ACA) and 57 Fellow Members
(FCA). quality qualifications and services,
ensuring they are equipped with the
The Business School continued to offer high- knowledge, skills, and opportunities
quality executive education programs, including needed to excel in a rapidly evolving
our CA MBA program, which achieved exceptional business landscape.
outcomes during the year under review. The
success of the MBA program also further reinforces
CA Sri Lanka’s growing recognition as a leader In 2024, CA Sri Lanka also launched its Digital
in professional education, while the School Streaming Unit to remain at the forefront of
of Taxation focused on further enhancing the emerging trends and ensure its continued
curricula to meet the increasing demand for tax relevance in an ever-evolving digital landscape.
professionals in the country. This initiative provided Chartered Accountants,
students, and other stakeholders with a dynamic
CA Sri Lanka’s Tax faculty hosted the 3rd Annual platform to access insightful content that fosters
Economic and Tax Symposium, fostering knowledge sharing, engagement, and continuous
discussions on tax and economic trends. Further, professional growth.
to upgrade member capacities, the faculty
organised events on VAT, transfer pricing, tax At CA Sri Lanka, we continuously strive to improve
reforms, and e-filing in addition to supporting our internal processes to enhance operational
the Country’s economic development through efficiency and service delivery. During the year,
submission of budget proposals and insight we initiated ‘UniEx,’ a new ERP system designed to
sharing of the Tax Perception Survey with the streamline operations and remove inefficiencies.
Ministry of Finance. The implementation of this system in 2025 will
allow us to identify and eliminate non-value-added
Additionally, we made significant strides in processes, while optimizing existing ones. We
expanding our strategic partnerships with the have also introduced several new processes that
public sector through our public sector wing, contribute to greater efficiency and productivity,
APFASL. These collaborations are aimed at positioning CA Sri Lanka for future success.
improving governance, financial reporting, and
transparency within state institutions, and further Employee Engagement and Process
demonstrate our commitment to contributing to Improvements
national development. CA Sri Lanka’s Business On the employee front, to enhance productivity
School, and the School of Taxation also continued and engagement, we introduced the 5S process
to evolve, each playing a vital role in advancing the with the National Productivity Centre, creating a
Institute’s mission. more organized work environment. Partnering
with Microsoft, we trained employees in efficiency
Technological Advancements and tools like Copilot and Office 365. Additionally,
Sustainability Initiatives on-the-job training programs were also conducted
A key focus area for CA Sri Lanka during the year to help improve their skills in communication and
was the integration of technology to enhance both operational efficiency.
educational and operational efficiencies. We are
also in the process of procuring the necessary
equipment, hardware, and software to facilitate our
various technologically centric efforts, ensuring
that our members and students have access to the
best tools and resources available.