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CA Sri Lanka’s Curriculum 2020 to empower finance professionals of the future

The impact of technology on the finance profession is intensifying. In addition to the traditional roles of finance professionals such as strategic direction, maintaining the control systems and conserving public trust, they have to face emerging risks and opportunities amidst digital disruption.

In a world confronted by digital technology, the industries and business models are required to embrace robotics, automation and machine learning languages to replace repetitive human tasks and decisions and the emergence of cognitive business.

In this surrounding, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), will launch its Curriculum 2020, which aims to empower finance professionals of the future.

The new curriculum will produce dynamic Chartered Accountants, with the unique ability to lead the corporate world despite the challenges stemming from digital technology. The curriculum will incorporate key areas which are fundamental competency requirements for Chartered Accountants, who are known to lead businesses and board rooms across diverse industries both locally and globally. A key feature of the CA Sri Lanka Curriculum 2020 will be to strengthen the professional skills to lead the corporate world while facing emerging risks and opportunities.

CA Sri Lanka President Mr. Jagath Perera emphasized that a unique feature of the Curriculum 2020 is that it will produce successful business leaders who will convert modern day challenges into opportunities with the ability to drive any business successfully. The Curriculum 2020 will also offer six more specialization which guarantees employability for the students who complete Corporate Level of the CA Program. “Furthermore, the Curriculum 2020 offers exposure to digital environment, leadership skills, pathway to international qualifications, e-learning platform and many more advantages. Consequently, our future Chartered Accountants can continue to enjoy global recognition in this rapidly changing environment” he said.

Mr. Perera noted that the Curriculum 2020 is a ‘game plan’ to build a professional with a futuristic mindset, who has the relevant and unique technical, business and leadership skills to drive forward any business while ensuring sustainability of the corporate and success of the country.

Another salient feature of the Curriculum 2020 is that it will couple financial functions with digital technology allowing future Chartered Accountants to possess the ability to lead any business despite the digital disruptions. Further, with the unique financial discipline inculcated with strong foundation of ethics, Chartered Accountants will be ready to bring sustainable growth to the economic activities and to society.

CA Sri Lanka Members are known as a brand of unique and versatile professionals, with the ability to steer any business successfully. The Institute has over 6,000 members, based locally and globally who are known for their professional integrity, exceptional technical and perceptive skills, as well as financial discipline and out of the box thinking, which helps them add value to the organizations they serve for. In its capacity as the National Professional Accountancy Organization, CA Sri Lanka continuously focuses on enhancing professional skills of its members, in ensuring that they continue to play a significant role in partnering businesses and thereby contribute to the success of the profession as well as the public and private sectors, and ultimately to the national economy of Sri Lanka.

Over the years, CA Sri Lanka members have given leadership to regional accountancy organisations; Confederation of Asian and Pacific Accountants (CAPA) and South Asian Federation of Accountants (SAFA), while members have also served on committees and boards of the International Federation of Accountants (IFAC).