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CA Sri Lanka Integrated Annual Report 2024 43

Skill Development of Professional Accountants in Practice
The PAIP Committee of CA Sri Lanka focused on empowering members through
skill development while addressing key challenges within the profession.

Practice Quality Management with SLSQM
During 2024, 04 insightful workshops were conducted on management practices
aligned with the Sri Lanka Standard on Quality Management (SLSQM). These
workshops focused on practical strategies for effective implementation of
SLSQM, aimed at enhancing practice quality among members and maintaining
Skill Development of Professional Accountants in the highest professional standards.
Practice
Understanding the Auditor’s Report
To further strengthen technical understanding, a seminar was held in June 2024
to deepen members’ knowledge of the Auditor’s Report. The session, conducted
with the participation of industry experts, provided practical insights to ensure a
comprehensive understanding of reporting requirements.

Audit Leadership Forum
The Audit Leadership Forum organized in July 2024 brought together senior
professionals and committee members for a meaningful dialogue on the future
of Small and Medium-Sized Practices (SMPs), focusing on how CA Sri Lanka can
enhance its support to help SMPs remain competitive and resilient in an evolving
Practice quality management with SLSQM
professional landscape.

Leadership Lessons for Professional Accountants in Business
The PAIB Committee continued to inspire, educate, and empower its
members through a series of impactful events. These initiatives celebrated the
achievements of Chartered Accountants across various capacities, offering
attendees valuable insights and motivation to excel in their careers.

“My Secret to Success” – Unlock the Door to Your Greatest Triumph
On May 10, 2024, the PAIB Committee hosted an engaging session titled “My
Secret to Success,” where prominent Chartered Accountants shared their
‘My Secret to Success ‘ Programme journeys and triumphs in the business sector. Geared toward a young and
enthusiastic audience, the event inspired participants to strive for excellence and
innovation in their professional lives.

My Secret to Success – Women’s Perspective
In July 2024, the PAIB Committee spotlighted the remarkable achievements of
Audit Toolkit for SMPs female Chartered Accountants who have excelled in the corporate world. This
In our unwavering commitment to inspiring session not only celebrated their success but also fostered discussions
continuous improvement and member on advancing women’s leadership within the profession. By sharing their
service excellence, CA Sri Lanka is experiences and insights, the event encouraged greater female representation in
engaging in the development of a digital senior roles, leaving a lasting impact on attendees.
toolkit to enhance audit quality for small
and medium practitioners, which is set My Secrets to Success: Ignite Your Entrepreneurial Spirit
to launch in 2025.With this Audit toolkit, Held in September 2024, this session showcased the inspiring entrepreneurial
we aim to provide our small and medium- journeys of CA Sri Lanka members who stepped beyond traditional roles.
sized practitioners with enhanced audit Participants gained valuable insights into the challenges and triumphs of
quality and significant efficiency in entrepreneurship, fostering a mindset of innovation and resilience. The event
carrying out audits. encouraged aspiring professionals to explore new opportunities and expand their
business horizons.