The Audit Faculty conducts seminars and workshops for Sri Lanka Auditing Standards and related pronouncements in order to keep the practitioners up to date on changes.
The Audit Faculty is a forum established to serve the requirements of the auditing sector and promote best practices in the profession. The faculty was established with the following objectives.
- To provide a focus for member’s interests in auditing and in doing so promote best practice.
- To create and maintain a technical centre for auditing and to further the study of all forms of auditing.
- To provide and facilitate the education and training of members through technical releases, publications, conferences, courses and all other means, so as to enhance the quality of auditing.
- To make representations on auditing matters through the Council to the Government and to other bodies and authorities, as appropriate, and to develop contacts with related bodies.
- To develop material as deemed necessary to assist members to carry out the practice of auditing.
- To do all such things that are necessary to advance the achievement of these objectives.
Recently, the Audit Faculty organized a seminar series on Sri Lanka Auditing Standards and Sri Lanka Standard on Quality Control, which was held in September and October 2011.
