Page 48 - CA Sri Lanka Integrated Annual Report 2023
P. 48

VALUE CREATION REPORT







           EXAMINATIONS

          As the national body for Accounting and Finance education, CA Sri Lanka plays a pivotal   Strategic Initiatives
          role in managing and conducting examinations related to professional Accounting. The   h   Implementation of On-Demand
          Examinations Division of the Institute conducts examinations aligning with the global   Examinations to cater to the evolving
          benchmarks to ensure that the integrity and quality of the qualification awarding process   needs of candidates, offering
          is guaranteed.                                                           flexibility in exam scheduling.


          In 2023, the Examinations Division introduced On-Demand Examinations for Business   h   Continuous refinement of
          Level i and ii candidates, a new initiative catering to evolving candidate needs. These   examination processes to ensure
          exams offer flexible scheduling, allowing candidates to test at their own pace. Sessions   fairness, transparency, and accuracy
          are available at both the CA Sri Lanka Head Office and Branches, ensuring greater   in evaluation.
          accessibility. It has been scheduled to conduct 7 On-Demand exams and 4 computer-
          based Business Level Exams, totaling 11 Business Level Exams.

          Throughout 2023, the Examinations Division prioritized maintaining the highest of
          education and  examination standards while continuous refinement of processes
          ensured fairness and transparency.

          Performance Highlights
                                               “The Apex of Aspiration” Awards Ceremony
          h   Successfully conducted 32
             examinations in 2023, covering all   The debut of "The Apex of Aspiration" Awards Ceremony in 2023 marked a
             levels                            milestone. This annual event celebrates merit and subject prize winners in CA
                                               Sri Lanka Exams. Exclusive CA level awards were presented, transforming a
          h   Introduction of On-Demand
             Examinations for Business Levels   small-scale event into a grand affair, showcasing excellence and motivation.
             i and ii, providing candidates with
             flexibility and accessibility
          h   Commencement of "The Apex of
             Aspiration" Awards Ceremony to
             recognize outstanding achievements
             in CA Sri Lanka Examinations

          h   Expansion of examination services
             to CA Sri Lanka Branches, enhancing
             accessibility for candidates

          Examination Type       Number of
                               Examinations
          Business Level               11
          Corporate Level               2
          Strategic Level               2
          SL5 Assignment                2
          SL5 Case Study                2
          Business Communication        7
          i (CS1)
          Business Communication        6     Future Outlook
          ii (CS2)                            Looking ahead, the Examinations Division will remain committed to its mission of
                                              empowering individuals with the knowledge and skills required for success in the
                                              dynamic field of accountancy. Plans for the coming year include further enhancing
                                              examination processes to uphold the high standards, expanding the reach of
                                              examination services, and exploring new avenues for supporting candidate success
                                              and professional growth.



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