The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) and the University of Ruhuna signed a Memorandum of Understanding (MoU) recently aimed at enhancingseamless collaborative efforts for professional education of university students.

The primary objective of this MOU is to improve collaborations between CA Sri Lanka and the University of Ruhuna to allow graduates of the university to obtain the CA qualification. The MOU would also allow reciprocal research facilities as well as resource sharing while enabling graduates of the University of Ruhuna to acquire a premier professional qualification.

President of CA Sri Lanka Mr. Heshana Kuruppu, CEO of CA Sri Lanka Ms. Lakmali Priyangika, Vice Chancellor of the University Senior Professor Sujeewa Amarasena, Dean-Faculty of Management and Finance Professor M.K. Wanniarachchige, Head-Department of Accountancy Mr. K.G.P. Vijitha Gunarathna and representatives from CA Sri Lanka and the Faculty of Management and Finance of the University of Ruhuna were present at the event.

Speaking at the event, CA Sri Lanka President, Mr. Heshana Kuruppu said that CA Sri Lanka envisions a future where university students would seamlessly step into respected professional career pathways such as a CA qualification.

On behalf of the University of Ruhuna, the Vice Chancellor, Prof. Sujeewa Amarasena expressed that he is looking forward to seeing the collaborative initiatives between the two institutes for the benefit of students and he commended the initiatives taken by CA Sri Lanka and the Faculty of Management and Finance towards creating such enabling pathways. 

Founded in 1959, CA Sri Lanka is the national professional accounting body, dedicated to promoting and advancing the accounting profession both within the country and internationally. Ruhunu University, meanwhile, is the only university in the southern region of Sri Lanka and was established by a special presidential decree on 1 September 1978 as Ruhuna University College. It was later upgraded to a fully-fledged public university on 1 February 1984 by a university order.