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CA Sri Lanka  Integrated Annual Report 2024                                                         45








                                                 Facilitating Global Mobility & Global CA
                                                 Networks


                                                 MOU and MRA with other professional bodies
                                                 CA Sri Lanka remains committed to expanding its international reach by forging
                                                 strategic partnerships with leading professional bodies across the globe.
                                                 These collaborations are designed to elevate the standing of the CA Sri Lanka
                                                 qualification on the world stage. By actively engaging in global dialogues and
                                                 contributing to the advancement of the accounting profession, the Institute
          CA Kuwait MoU 2024:  CA Sri Lanka      continues to open doors for knowledge exchange and cooperation. Furthermore,
          President Heshana Kuruppu and KAAA     through carefully structured mutual agreements, CA Sri Lanka offers its members
          Chairman Sabah Mubarak Al-Jalawi       and students valuable pathways and exemptions, enabling them to pursue cross-
          exchanging the MoU
                                                 border professional opportunities with confidence.

                                                 Moreover, members of collaborating professional bodies are empowered to
                                                 leverage the prestige of CA Sri Lanka’s membership — aligning themselves
                                                 with the nation’s foremost change maker shaping the future of Sri Lanka’s
                                                 accounting profession. CA Sri Lanka is having Memorandums of Understanding
                                                 (MOU) /Mutual Recognition Agreements (MRA) with many globally recognized
                                                 professional institutions such as Chartered Accountants Australia and New
                                                 Zealand (CA ANZ), Institute of Chartered Accountants in England and Wales
                                                 (ICAEW), CPA Ireland, CPA Australia, Association of International Certified
                                                 Professional Accountants (AICPA), CIMA-UK, ACCA -UK and The Chartered
                                                 Institute of Public Finance and Accountancy (CIPFA) UK.

                                                 Memorandum of Understanding (MOU) between CA Sri Lanka and Kuwait
                                                 Accountants and Auditors Association (KAAA)
                                                 CA Sri Lanka entered into an MOU with the Kuwait Accountants and Auditors
                                                 Association (KAAA) in 2024 benefiting the CA Sri Lanka members in Kuwait and
                                                 the Middle East by supporting their professional engagement and enhancing the
                                                 recognition of their membership in Kuwait.



                                                 Overseas Chapters
         Key Performance Highlights              The Overseas Chapters contribute to the  networking  and development of CA
         in Chapter engagements                  members in their respective jurisdictions. By promoting  collaborative initiatives,
         E    Established new                    the overseas chapters play a significant role in facilitating member engagement
             Chapters in Ireland and             internationally, strengthening the Institute’s overseas presence and global
             New Zealand                         image. With 10 chapters established in key locations that include establishments
                                                 in Qatar, Bahrain, Kuwait, the UAE, Australia, Saudi Arabia, Canada, Ireland,
         E    United Kingdom                     Newzealand and the United Kingdom, CA Sri Lanka continues to carry out various
             Chapter, which was                  initiatives from networking events, and conferences to professional development
             established in December             initiatives for members to support their professional progression.
             2023 held their first
             AGM, appointing new                 In support of professional development, CPD programmes are designed to
             office bearers for a term           cater to these international members covering a wind rage of essential topics.
             of two years.                       These include relevant themes such as Accounting, Audit, and Finance, while
                                                 also fostering the development of essential soft skills. Furthermore, networking
                                                 events will be organised to support career growth and advancement, establishing
                                                 pathways for CA Sri Lanka members to access professional placement
                                                 opportunities on a global scale.
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