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The Accounting in Sri Lanka is regulated under the several legal regulations. There are several professional accountancy body in the country. The Sri Lanka Accounting and Auditing Standards Monitoring Board (SLAASMB) is the audit oversight entity, while the Auditor General of Sri Lanka has audit oversight over government all entities. [1]
The need for accounting technicians were emphasized in the master plan for Accountancy Education in Sri Lanka prepared by the Asian Development Bank Inception Mission in 1986 and following that AATSL was established in December 1987 on the model of the Association of Accounting Technicians (UK) and subsequently AAT Ireland (called Institute of Accounting Technicians Ireland) was formed in ...
The Institute of Certified Management Accountants of Sri Lanka, (CMA Sri Lanka) is a professional body offering qualification in management accountancy in Sri Lanka.. It mainly focuses of development and promoting the study of Management Accountancy, establishing management accountancy standards, and promote the profession of management accountancy in Sri Lanka.
The Higher National Diploma in Accountancy (HNDA) program is the first professional accounting course introduced in Sri Lanka. [citation needed] [35] It was started in 1943 as the National Diploma in Accountancy with the aim of detecting and preventing frauds, errors, and malpractices in Ceylon Tea Estates and Ceylon Railway. Then, it was ...
Sri Lankans have elected Anura Kumara Dissanayake as the country's new president, giving the Marxist-leaning politician a key role in deciding the future of reforms in the debt-ridden nation that ...
Professional bodies are also responsible for administering training and examinations for students and members. The primary bodies in each country are affiliated to the International Federation of Accountants while a few do not belong to IFAC as they operate more like specialist bodies helping the work of accountants and auditors such as the ...
Sri Lankans will vote on Saturday for their next president, who will be key to deciding the future of reforms in a nation slowly emerging from worst financial crisis in decades. A critical ...
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) is a professional accountancy body in Sri Lanka.The Institute was established by Act of Parliament, No. 23 of 1959 as the sole organisation in Sri Lanka with the right to awarding the Chartered Accountant designation.