Page 62 - annual_report_2024

60 CA Sri Lanka Integrated Annual Report 2024

Aspiring CAs

Inclusive CA Education
CA Foundation has been established to facilitate financial support for the CA
students who performed well in the Advanced Level examination or having
financial difficulties. This is a collaborative effort made by CA Sri Lanka and
well-wishers to uplift students who require financial support to peruse this
qualification.

In 2024, the donations were received from the Well-wishers as well as the
Australia Chapter & Qatar Chapters of CA. Special arrangement was made during
last year with the Launch of the “AI for Finance Professional” written by our own
member Mr. Parabash Galagedara where the 50% of the profit earn from the book
sales will be transferred to the Scholarship Fund.

During the financial year, the Institute awarded scholarships under the A/L Top
Ten Scholarship scheme for 8 number of all Island top achievers of the GCE
Advanced Level 2023 (2024) examination (commerce stream), in recognition of
their remarkable achievement.

Annual Scholarship Awards Ceremony 2024
The Annual Scholarship Awards Ceremony was held during the year at CA Sri
Lanka with the participation of Heshana Kuruppu, President of CA Sri Lanka, and
Sanjaya Bandara, the Chairman of the CA Foundation and Asoka Jayasinghe,
who is recognized for invaluable contribution in supporting students as the
former Chairman of CA Foundation from 2012 to 2023 . A total of 102 students
received scholarships across three categories: the LA Weerasinghe Scholarship,
the Corporate Level Trainee Scholarship, and the District Toppers Scholarship.

Summary of last 5 years scholarships
Count of Scholarship Name 2020 2021 2022 2023 2024
A/L Top Ten 8 12 7 8 8
CA Talent Scholarship - 1 - 1 -
Children of Staff Members 1 - 1 3 3
DISTRICT 1ST 17 17 16 15 9
Inter School Commerce - - - - -
L A Weerasinghe Memorial 87 - 40 29 57
Scholarships
Members Scholarships 8 - - - -
Corporate level trainee 28 28 38 - 41
Scholarships
National Conference Fund 10 - 10 44 -
Scholarship
Top Achievers at Tutorial 57 4 46 43 80
Classes
Total Scholarships 218 62 160 145 198

In addition to the above CA Australian Chapter has sponsored for 4 students while
Quatar Chapter sponsored for another 4 students to facilitate the scholarships for
their studies.