Page 52 - CA Sri Lanka Integrated Annual Report 2023

VALUE CREATION REPORT

• Upgraded Training Organizations:
24 training organizations
upgraded their status for all three
levels, enhancing the quality and
breadth of training offerings.
• Training Partner Network
Expansion: The total number of
training partners increased to 962.

Precedent’s award for most outstanding new • Launch of the Training Partner
Supervising Members Forum member of the year 2023 Emblem: CA Sri Lanka launched
• "UP CLOSE with CA" Sessions: an official Training Partner
Student support sessions were Emblem for the use of Approved
conducted in collaboration with Training Partners to elevate
prominent audit firms, both visibility and recognition.
in-person and virtually, offering
valuable insights into the
profession.

h Membership Growth and The Youngest new member of the year 2023
Qualification Eligibility h Process Improvement and Service
• Viva Voce Interviews: Interviews Quality
were conducted for local and • Online Agreement Issuing
overseas students, resulting Process: The agreement issuing Launch of the Training Partner Emblem
in 239 ACAs, 82 CBAs, and 15 process was re-engineered,
CCAs, facilitating membership transitioning to an online h Student Training and Skill
and qualification eligibility. platform, resulting in significant Development Projects
cost savings and improved
• Quality Assurance Measures: • Skill Development Programme
Actions were taken to introduce efficiency. for Strategic Level Students
a PPT review process for • Training Agreements Issuance: Objective: Enhancing Strategic
CBA and CCA qualifications, A total of 4,086 new training Skills with Industry Insights
enhancing quality assurance. agreements were issued, in At the strategic level, decision-
November 2023 witnessing making prowess is of paramount
• Supporting Sessions: Special importance to the success of
sessions were organized to the highest active agreement any organisation. Therefore the
guide students through the Viva count in history at 5,046. integration of industrial expertise
process, ensuring success in h Organizational Growth and to classroom sessions is vital
their first attempt. Recognition to nurture strategic acumen
in students. These interactive
• Special Recognitions at the • New Training Partners: 40 new sessions with the industrial
Convocation: Two new awards training partners were approved, experts is a platform for students
“President’s Award for Most with a focus on both Public to analyse and learn about real-
Outstanding New Member of Practice and Non-Public Practice/ world scenarios.
the Year” & “The Youngest New BPO sectors, expanding training
Member of the Year” were opportunities for CA students. A significant component of the
programme is the evaluation
awarded at the Convocation 2023 process. The students are tasked
creating a new milestone in CA to prepare visual presentations
Sri Lanka Convocation history. and are evaluated by a Council
member. This evaluation
method enables the students to
demonstrate their knowledge
on strategic concepts, analytical
skills and communication skills.
Moreover, by involving a Council
member with diverse expertise in
the evaluation process ensures a
New training partners awards ceremony comprehensive assessment.

50 CA Sri Lanka Integrated Annual Report 2023