CA Sri Lanka to sign MoUwith CIPFA to strengthen public financial management

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) will sign a Memorandum of Understanding (MoU) in February with the Chartered Institute of Public Finance and Accountancy (CIPFA) to strengthen public financial management in Sri Lanka.

The MoU will pave way for the two institutes to develop a framework to work in collaboration to improve the governance of public finance within the country and help improve the training and development in the accountancy profession.

The agreement will also open doors to obtain CIPFA membership and professional development opportunities for CA Sri Lanka members.

CIPFA is the professional body for people in public finance. As the world’s only professional accountancy body to specialise in public services, CIPFA champion high performance in public services, translating experience and insight into clear advice and practical services. Globally, CIPFA shows the way in public finance by standing up for sound public financial management and good governance. CIPFA work with donors, partner governments, accountancy bodies and the public sector around the world to advance public finance and support better public services.

Over 14,000 CIPFA members work throughout the public services, in national audit agencies, in major accountancy firms, and in other bodies where public money needs to be effectively and efficiently managed.