Page 38 - CA Sri Lanka Integrated Annual Report 2023
P. 38

STAKEHOLDER ENGAGEMENT






           Strategic Imperatives                                       Higher Educational and Assessment Innovations -

                                                                       Enhancing pathways for aspiring accountants to pursue
           Challenges                                                  higher education, such as advanced accounting degrees
           h   Talent shortage in accounting                           or specialized certifications, to deepen their expertise and
               professionals
                                                                       advance their careers.
           h   Regulatory changes and compliance
                                                                     Educational Innovations - Introducing innovative teaching
           h   Technology integration for operations                 methods, digital learning platforms, and interactive learning
               and services
                                                                     tools to enhance the quality and effectiveness of accounting
           h   Aligning with rapidly changing                        education and professional development programmes.
               international accounting standards
           h   Maintaining membership levels and                        Skill Development - Offering skill development
               addressing needs                                         programmes and workshops to equip accountants
                                                                        with the latest technical skills, soft skills and industry
           h   Managing public
               perception of the                                        knowledge required to excel in their roles.
               profession
           h   Ensuring financial                                Strategic Collaborations - Establishing strategic partnerships
               sustainability                                    with global accounting bodies, academic institutions and
                                                                 industry associations to enhance the international recognition
                                                                 and standing of CA Sri Lanka qualifications.



               Financial Capital      Intellectual Capital        Social and Relationship Capital

          h   Total assets of   h   Conducted 44th National   Members                Students
              Rs.3,736 Mn           Conference about “Beyond   h   Organized a new   h   CA Sri Lanka MBA
              including enhanced    the Perfect Storm: Seizing the   member Orientation   programme, accredited by the
              investments in        Opportunity”                Programme with the       University Grants Commission
              digital infrastructure   h   Pioneered the first-ever CA   300+ participation of new   of Sri Lanka and Ministry of
              development                                       members.
                                    Sri Lanka Overseas regional                          Education of Sri Lanka.
          h   Total Accumulated     conference in Dubai, hosted by  h   Conducted Continuing   h   Commencement of Certificate
              Fund of Rs. 3,060 Mn  the CA Sri Lanka UAE Chapter   Professional Development   courses, such as Forensic
                                    jointly with the CA Chapters in   (CPD) programmes
          h   Total Investments of   the Middle East region.    tailored for CA members   Accounting and ICAEW
              Rs. 1,959 Mn                                      in overseas chapters,    Sustainability Certificate,
                                h   Conducted Regional          with a particular focus on   with high enrollment and
                                    Conferences in Galle and    regions such as Canada,   completion rates.
                                    Jaffna with a focus on      Australia and the Middle   h   Enrolled 525 new students
                                    fostering social and economic   East.                across its four-degree of SAB
                                    impact regionally.                                   Campus programmes.
                                                             h   Established new chapters
                                h   Hosted Annual Research      in the United Kingdom   h   Launched “CA Live”
                                    Symposium                   and in Canada.           classroom.
                                h   CPD programmes enhancing   h   Introduction of a Member   h   Conducted regional upskilling
                                    technical knowledge         Benefit Scheme.          programmes in Jaffna and
                                h   Publishing updated versions   h   Organized various   Galle as a Training & Skill
                                    of technical guidances      member recreational      Development strategy for
                                    including  Accounting &     activities.              outstation students.
                                    Auditing Standards, Ethics   h   Established strategic   h   Conducted on demand exams
                                    for Professional Accountants   partnerships with     for Business Level Exams.
                                    and Code of Best Practice on   institutions to provide
                                    Corporate Governance        additional benefits and   h   APEX of Aspiration annual

                                h   Conducting educational      enhancing member         prize winner award ceremony.
                                    researches                  experiences.


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