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CA Sri Lanka strengthens taxation profession with 57 new Certified Tax Advisors

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24th June 2022: The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) strengthened the taxation profession in the country further by producing 57 new Certified Tax Advisors (CTA), which is one of the most recognised taxation qualifications in Sri Lanka.

The 57 students graduated with the highest taxation qualification offered by CA Sri Lanka at a joint convocation held recently at the BMICH, which was attended by Prof. Ren Yi, Pro Vice-Chancellor (International) of the University of Southern Queensland, Australia, Mr. Sanjaya Bandara, President, CA Sri Lanka, Mr. Heshana Kuruppu, Vice President, Mr. Tishan Subasinghe, Chairman, School of Taxation, and Ms. Dulani Fernando, Chief Executive Officer.

The CTA programme which if offered by the CA Sri Lanka School of Taxation was launched in 2011 to meet the growing demand in a local and global context and consists of a contemporary curriculum with a global outlook. The programme which is one of the most recognised tax advisor courses in the country is offered at three levels and focuses extensively on Domestic Tax Law, International Taxation and Tax Planning.

A key feature of the CTA qualification offered by CA Sri Lanka is that CTAs are also recognized as an ‘Authorised Representative’ under the Inland Revenue Act, and therefore CTAs are fully qualified to represent any company, any group of companies, banks or financial institutions as well as resident and non-resident individuals on all tax matters relating to Sri Lanka.

Conducted annually, the CTA programme comprises of an Awareness Level (4 months), Advisory Level (8 months) and Application Level (6 months). The entry qualification for the Awareness Level is three passes at the GCE Advanced Level or Edexcel exam.

A CA Sri Lanka member can directly join the second stage (Advisory Level) of the CTA programme, while CA Sri Lanka Members who have two years fulltime tax experience can directly register for the third stage (Application Level) of the programme, without having to sit for the first and second stages.

The CTA qualification is also excellent for those who wish to embark on a successful profession in taxation, or for already seasoned professionals such as lawyers, marketers, managers or executives who are looking to enhance their knowledge in this crucial area which will contribute to their professional achievements further due to the pertinent subjects it covers.

 

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