Over 50% pass rate at CA Sri Lanka’s Executive Level March 2018 exam

The Executive Level March 2018 exam of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) has registered a pass rate of over 50%.

Six students of the Institute also won the merit prizes after excelling at the Executive Level I & II exam. Chamara Chandimal Wijerathna won the first in order of merit prize at the Executive Level I exam, while Dilini Sewwandi and Malindu Dulshan shared the second in order of merit prize for the same level.

Mark Praveen Shalintha Perera won the first in order of merit prize at the Executive Level II exam, while the second in order of merit prize was shared by Pasindu Kavishka Fernando and Isuru Sampath Wijenayake.

Seven students including three of the merit prize winners won the subject prizes at the exam. Merit prize winner Dilini Sewwandi won the Financial Accounting & Reporting Fundamentals subject prize, while another merit prize winner Mark Praveen Shalintha Perera won the Management Accounting Information subject prize.

The subject prize for Fundamentals of Taxation was shared by Kaumini Rashmila Dissanayaka and Yasri Muhammad Shabeer. The Fundamentals of Law subject prize was won by Raveena Srimali. Dewmina Pramudith Rajapaksha won the Processes, Assurance & Ethics subject prize, while merit prize winner Chamara Chandimal Wijerathna won the Commercial Insight for Management subject prize.

The CA Sri Lanka qualification has gained reputation both locally and internationally as a qualification that produces accounting professionals of distinction who have the ability to steer businesses across any sector. Chartered Accountants are well known for their multi-faceted technical skills and unique business acumen, apart from building a reputation as the brains behind successful businesses, both in Sri Lanka and overseas.

Chartered accountants also command respect across the world due to their high professional ethics and values. CAs are well known to climb the ladder of success faster and hold distinguished corporate positions such as Chairperson, Director, CEO, CFO and Partner, among other high profile positions across diverse sectors in in the business world.

The CA Sri Lanka curriculum is updated regularly with the aim of producing highly versatile Chartered Accountants, who possess the ability to steer businesses across all sectors by partnering businesses with their sound financial leadership. The CA curriculum is designed to ensure that the future chartered accountant goes beyond its traditional financial role and becomes a true partner in business who will create value, enable value, as well as preserve value and report value to the organization they serve.

Students following the CA programme are also offered two early exit routes; Certified Business Accountant (CBA), and Certified Senior Business Accountant (CSBA).