ICASL celebrates Golden Jubilee in Kandy
The Institute of Chartered Accountants of Sri Lanka (ICASL) hosted a
fellowship dinner last week at the Earl's Regency Hotel, Kandy.
From left: Mahasena Senanayake Chartered Accountant, Lal
Nanayakkara, Chairman 50th Anniversary Celebration Commitee
ICASL, Sujeewa Rajapaksha Council Member ICASL, Sarath Ekanayake
Chief Minister Central Province, Aruna Alwis CEO ICASL, Lasantha
Wickramasinghe Council Member ICASL.
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Central Province Chief Minister Sarath Ekanayake, Mayor Kandy
Municipal Council, L.B. Aluvihare and other guests were present.
ICASL mainly focused on studies, training and examinations over the
years. In the recent past ICASL enacted a code of Corporate Governance
in collaboration with the Colombo Stock Exchange which now forms part of
the CSE listing rules.
The institute holds the Best Corporate Report Competition annually
which has strengthened the Standards of Financial Reporting in Sri
Lanka.
Council Member Sujeewa Rajapakse said that the largest concentration
of Chartered Accountants outside the Western Province is found in the
Central Province, and a considerable number of Audit Firms have their
branches in Kandy.
The number of students who select Accountancy as a career path is
also high in the Central Province.
The Chairman of the 50th Anniversary Celebration Committee of ICASL
Lal Nanayakkara said "at a time, the role of the accountant is called
into question globally, ICASL is mindful up its obligations in the
public interest. This Fellowship dinner is a good opportunity to promote
a dialogue with our stakeholders. Past President and Senior Partner of
Ernst and Young Chartered Accountants Asite Talwatte said about the need
to develop a closer understanding between the respective roles of the
institutes, other professionals, business community and the academic.
The Global Financial Crisis has thrown up new challenges and it is
through such understanding effective solutions could be found to counter
such challenges. CEO of ICASL Aruna Alwis explained the reasons for the
decision of the council to have regional fellowships and conduct the
inaugural fellowship dinner in Kandy. |