The SAB Campus of The Chartered Institute of Sri Lanka (CA Sri Lanka) and the Association of Accounting Technicians Sri Lanka (AATSL) recently embarked on a new path in accounting by signing a Memorandum of Understanding (MoU) aimed at advancing and collaborating professional education. The MOU grants exemptions for members of AATSL by way of lateral entry to the BSc. in Applied Accounting (General) Degree Programme.

The primary objective of this collaboration is to enhance the qualification process for students aiming to obtain an accounting degree from CA Sri Lanka. By providing these exemptions, the MoU opens up new avenues for AATSL members to pursue a globally recognized degree that is approved by the Ministry of Education and recognized by the University Grants Commission. This partnership not only reinforces the commitment of both institutions to academic excellence but also ensures that students have access to a world-class education that meets international standards.

Mr. Heshana Kuruppu – President, CA Sri Lanka and Mr. Indraka Liyanage – President, AAT Sri Lanka signed the MOU on 16 July 2024 at the Hilton Colombo Residencies. Mr. Tishan Subasinghe – Vice President, CA Sri Lanka; Dr. Chamara Bandara – Vice President, AAT Sri Lanka; Ms. Lakmali Priyangika CEO – SAB Campus of CA Sri Lanka; Mr. Tishanga Kumarasinghe – CEO, AAT Sri Lanka and Council members of CA Sri Lanka and AAT Sri Lanka were present at the event.

Mr. Heshana Kuruppu, President of CA Sri Lanka said the MOU grants an efficient pathway for students. “This is a great opportunity for those seeking to pursue further studies in accounting. This MOU will facilitate seamless academic progression for AAT members, apart from resource sharing among the two institutes.”

“This collaboration brings together the expertise and resources of our professional bodies with the academic excellence of SAB campus. We are particularly excited about the opportunities and this partnership will create a pathway for AATSL members”, explained Mr. Indraka Liyanage, President of AATSL.

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. AATSL, meanwhile, is a premier higher education institution in Sri Lanka, specializing in accounting technician-level qualifications. Together, these two institutions have played a pivotal role in shaping the accounting landscape in Sri Lanka, and this new partnership is expected to further elevate the standards of accounting education in the country.

Registrations for the September 2024 intake at SAB Campus are currently open, offering a timely opportunity for prospective students to embark on their academic journey. Those interested in learning more about the programme or the exemptions offered can contact SAB Campus at 0710 235263 or 0112 101044.