CA Sri Lanka – Newswire https://www.newswire.lk Sri Lanka's largest News aggregator Thu, 02 Oct 2025 10:04:45 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.6 https://www.newswire.lk/wp-content/uploads/2020/05/favicon.png CA Sri Lanka – Newswire https://www.newswire.lk 32 32 Trailblazing CA Sri Lanka women shine at SAFA Women Leadership Awards 2025 https://www.newswire.lk/business/205114/ Thu, 02 Oct 2025 09:54:49 +0000 https://www.newswire.lk/?p=205114 Dinali Jayasinghe and Pyumi Sumanasekara

Two exceptional women from the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) have made the nation proudContinue Reading

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CA Sri Lanka student Dinali Jayasinghe receiving her award at the SAFA Women Leadership Awards Ceremony.
CA Sri Lanka student Dinali Jayasinghe receiving her award at the SAFA Women Leadership Awards Ceremony.

Two exceptional women from the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) have made the nation proud by winning top honours at the prestigious SAFA Women Leadership Awards, a regional platform that celebrates excellence, leadership, and impact among women in the accounting profession across South Asia.

CA Sri Lanka member, Pyumi Sumanasekara, was honoured with the “ESG Visionary Woman Award” while CA Student Dinali Jayasinghe won the “Rising Woman Student Award – CA” at a grand event held at Cinnamon Life.

Out of seven competitive categories open to SAFA member countries, including India, Pakistan, Bangladesh, Nepal, the Maldives, and Sri Lanka, Sumanasekara, and Jayasinghe emerged victorious, showcasing the remarkable talent and leadership nurtured within CA Sri Lanka fraternity.

CA Sri Lanka member Pyumi Sumanasekara receiving her SAFA Women Leadership Award
CA Sri Lanka member Pyumi Sumanasekara receiving her SAFA Women Leadership Award

Sumanasekara, currently serves as a Partner – Climate Change & Sustainability Services at KPMG, and brings over 18 years of experience in audit, assurance, and advisory, including more than 16 years focused on ESG and climate change. Her global expertise spans London, the Middle East, and Asia. Her leadership in ESG strategy, governance, and reporting has established her as a visionary in driving sustainable transformation across industries. She has a Master’s Degree in Financial Economics.

Jayasinghe, is currently an Assistant Manager in Audit and Assurance at Deloitte Sri Lanka. She ranked first in the CA Sri Lanka Business Level Examination in June 2021. She also holds a first-class degree in Accounting from the University of Sri Jayewardenepura.

The SAFA Women Leadership Awards serve as a beacon of inspiration for future generations of accounting professionals, with the awards underscoring the importance of empowering women to lead with purpose, drive innovation, and make meaningful contributions to society and the profession.

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CA Sri Lanka submits comprehensive National Budget 2026 proposals, reinforcing its role in shaping a robust taxation framework https://www.newswire.lk/business/ca-sri-lanka-submits-comprehensive-national-budget-2026-proposals-reinforcing-its-role-in-shaping-a-robust-taxation-framework/ Tue, 30 Sep 2025 18:45:12 +0000 https://www.newswire.lk/?p=204899

In a significant move underscoring its commitment to national fiscal stability and economic growth, the Institute of Chartered Accountants ofContinue Reading

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CA Sri Lanka President Mr. Heshana Kuruppu presenting the budget proposals to the Secretary to the Ministry of Finance Dr Harshana Suriyapperuma at the Ministry of Finance
CA Sri Lanka President Mr. Heshana Kuruppu presenting the budget proposals to the Secretary to the Ministry of Finance Dr Harshana Suriyapperuma at the Ministry of Finance

In a significant move underscoring its commitment to national fiscal stability and economic growth, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) formally presented its strategic proposals for the forthcoming National Budget 2026 to the Government.

The proposal was made to Dr Harshana Suriyapperuma, Secretary to the Ministry of Finance, further solidifying the Institute’s position as the national body of accountants, as well as an influential professional body and a key partner in national policy formulation.

The delegation was led by the President of CA Sri Lanka, Mr Heshana Kuruppu, together with Members of Council. This proactive submission is a cornerstone of CA Sri Lanka’s ongoing mission to contribute its technical expertise and practical insights towards establishing a fair, efficient, and growth-oriented taxation framework for the country.

In addition to the budget proposals, CA Sri Lanka also presented the findings of its comprehensive Tax Perception Survey to Dr Suriyapperuma. The survey provides invaluable, data-driven insights into the perspectives of Chartered Accountants on the current tax system, offering a critical evidence base for future reforms and improvements.

Mr. Kuruppu said that as the national body of accountants, CA Sri Lanka has a profound responsibility to actively contribute to the economic dialogue of the country. “Our proposals for the National Budget 2026 are not merely recommendations, but they are the culmination of rigorous research and expert analysis from our members who are at the forefront of the economy. We believe that implementing these measures will be pivotal in enhancing revenue collection, ensuring equity, fostering a conducive environment for investment, and ultimately driving sustainable economic growth for all Sri Lankans,” he said.

The comprehensive set of proposals presented by CA Sri Lanka addresses several critical pillars of fiscal management, including policy planning and implementation, the establishment of a Tax Ombudsman, enhancing strategic trade policy and broadening the export base, reforming the tax system to ensure equity and drive growth, reducing cash usage and promoting digital transactions, amendments to the administrative provisions, transformations within the State Sector, and strengthening fiscal discipline through the Public Finance Management Act.

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Corporate Giants Power CA Sri Lanka as Lead Sponsors for 2025/26 https://www.newswire.lk/business/corporate-giants-power-ca-sri-lanka-as-lead-sponsors-for-2025-26/ Sun, 10 Aug 2025 20:34:38 +0000 https://www.newswire.lk/?p=198411

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Hayleys PLC presenting the sponsorship cheque
Hayleys PLC presenting the sponsorship cheque

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) is pleased to announce the support of some of the nation’s most respected corporates as Lead Sponsors for the year 2025/26, marking a strong endorsement of the Institute’s ongoing commitment to advancing the accounting profession and nurturing financial leadership across the country.

This prestigious alliance brings together a formidable group of industry leaders, including Hayleys PLC, John Keells Holdings PLC, Sampath Bank PLC, Sri Lanka Insurance Life, and Toyota Lanka (Private) Limited. Their partnership not only underscores their confidence in CA Sri Lanka’s vision but also reflects a shared commitment to excellence, ethical governance, and the transformative power of knowledge.

John Keells Holdings PLC presenting the sponsorship cheque
John Keells Holdings PLC presenting the sponsorship cheque

These corporates will also serve as Platinum Sponsors of the 46th National Conference of Chartered Accountants, the Institute’s flagship event and one of Sri Lanka’s most prominent professional gatherings.

At the official sponsorship cheque presentation ceremony held recently, senior officials from the companies affirmed their support to CA Sri Lanka by presenting sponsorship cheques to the President, Mr Heshana Kuruppu, and Vice President, Mr Tishan Subasinghe. They emphasised the importance of collaboration in shaping the future of finance, governance, and sustainable leadership.

Sampath Bank PLC presenting the sponsorship cheque
Sampath Bank PLC presenting the sponsorship cheque

On behalf of Hayleys, Mr. Chamika Perera, Deputy General Manager – Corporate Affairs Unit, made the presentation. For John Keells Holdings, Mr. Kalpa Munasingha, Finance Controller – Assistant Vice President, presented the cheque. On behalf of Sampath Bank Mr. Ajantha de Vas Gunasekara, Executive Director and Chief Financial Officer; Mr. Tharaka Ranwala, Chief Marketing and Bancassurance Officer; and Ms. Charitha Jayawickrama, Chief Internal Auditor presented the cheque. For Sri Lanka Insurance Life Mrs. Sriyani Kulasinghe, Chief Financial Officer presented the cheque, while for Toyota Lanka Mr. Manohara Atukorala, Managing Director and Chief Executive Officer made the presentation.

Sri Lanka Insurance Life presenting the sponsorship cheque
Sri Lanka Insurance Life presenting the sponsorship cheque

Speaking during the event, Mr. Kuruppu, said, “Having such distinguished corporates on board as Lead Sponsors is not only a mark of excellence but also a powerful endorsement of the Institute’s role in shaping Sri Lanka’s financial and corporate landscape.” He added that the sponsorship also reflects the deep confidence the corporate sector places in CA Sri Lanka’s mission to nurture ethical leadership, drive innovation, and elevate the accounting profession in an evolving global economy.

Toyota Lanka (Private) Limited presenting the sponsorship cheque
Toyota Lanka (Private) Limited presenting the sponsorship cheque

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CA Sri Lanka Canada Chapter leads drive to boost trade and professional ties https://www.newswire.lk/business/ca-sri-lanka-canada-chapter-leads-drive-to-boost-trade-and-professional-ties/ Thu, 05 Jun 2025 22:10:32 +0000 https://www.newswire.lk/?p=190156

  The Canada Chapter of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) is spearheading initiatives toContinue Reading

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Mr. Niluka Abeygunaratne presenting a memento to Mr. Heshana Kuruppu
Mr. Niluka Abeygunaratne presenting a memento to Mr. Heshana Kuruppu

 

The Canada Chapter of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) is spearheading initiatives to forge stronger international partnerships, enhance global mobility for its members, and facilitate trade, investment, and professional collaboration between Canada and Sri Lanka.

As part of its ongoing efforts, the CA Sri Lanka Canada Chapter recently launched “The Hub Canada” magazine, which is a first of its kind in North America. The magazine aims to promote Sri Lanka as a premier destination for tourism and investment while providing a vibrant platform for business leaders from Canada and Sri Lanka to showcase their ventures and highlight Sri Lanka’s rich offerings to the North American market.

The magazine was launched in Vancouver, Canada in mid-May, in the presence of Mr. Heshana Kuruppu, President of CA Sri Lanka, and Mr. Jim Bennet, Honorary Consul for Sri Lanka in Vancouver, during the inaugural gala event, The Chartered Legacy 2025. The event brought together members and distinguished guests to celebrate professional excellence and forge new opportunities.

 

Mr. Heshana Kuruppu during meetings with the Presidents of CPA Australia and CPA British Columbia
Mr. Heshana Kuruppu during meetings with the Presidents of CPA Australia and CPA British Columbia

In the course of his visit to Canada at the invitation of the chapter, Mr. Kuruppu, together with Mr. Niluka Abeygunaratne, President of the CA Sri Lanka Canada Chapter, also held numerous meetings with a wide range of stakeholders, including accounting bodies, professional associations and other organisations.

During meetings with Ms. Lori Mathison, President & CEO of CPA British Columbia, and Ms. Carol Wilding, President & CEO of CPA Ontario, pathways towards a potential reciprocity agreement between CA Sri Lanka and CPA Canada were explored, as such an agreement would strengthen global mobility and professional recognition for CA Sri Lanka members, enabling them to integrate more easily into Canada’s skilled workforce and contribute meaningfully to the country’s economic landscape.

Mr. Kuruppu also met with members of the Sri Lankan Accountants Association of Canada (SLAAC), the oldest professional association representing Sri Lankan-qualified accountants in Canada, which includes members from CA Sri Lanka, CIMA, ACCA and CMA. He also joined the chapter in hosting a special networking dinner for the leadership of the Chartered Accountants of India – Toronto Chapter (CA India Toronto), which was attended by CA India Toronto Founding Chairman Himanshu Shah, current Chairman Ritesh Desai, and Vice Chair Akhil Iyer, among others.

Mr. Heshana Kuruppu and Mr. Niluka Abeygunaratnepresenting a copy of the “The Hub Canada” magazine at the event organised by the Sri Lankan Accountants Association of Canada
Mr. Heshana Kuruppu and Mr. Niluka Abeygunaratne presenting a copy of the “The Hub Canada” magazine at the event organised by the Sri Lankan Accountants Association of Canada

Additionally, Mr. Kuruppu met with Mr. Sadik Najarali and Mr. Nilesh Pithwa, partners at NVS Chartered Accountants Professional Corporation, a Canadian professional accounting firm which sponsored The Hub Canada magazine. During the meeting, the partners expressed strong interest in expanding their operations to Sri Lanka and sought valuable insights on the local business and investment ecosystem.

Mr. Kuruppu also held a productive meeting with the Chair of the Canada–Sri Lanka Business Convention, where discussions focused on strengthening economic collaboration between the two countries, with an emphasis on positioning Sri Lanka as a premier destination for Knowledge Process Outsourcing (KPO) and Business Process Outsourcing (BPO).

 

Mr. Heshana Kuruppu addressing a gathering at an event
Mr. Heshana Kuruppu addressing a gathering at an event

The CA Sri Lanka Canada Chapter was established in 2023 to support members residing and working in Canada. The chapter helps members expand their professional knowledge and provides a platform to share experiences and insights on working in Canada. It also aims to enhance technical and other skills, ensuring compliance with the ‘Continuing Professional Development’ (CPD) requirements mandated by CA Sri Lanka.

 

Mr. Heshana Kuruppu during meetings with the Presidents of CPA Australia and CPA British Columbia
Mr. Heshana Kuruppu during meetings with the Presidents of CPA Australia and CPA British Columbia

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CA Sri Lanka Donates Essential Life-Saving Equipment Worth Over LKR 3.7 million to Deniyaya Base Hospital https://www.newswire.lk/business/ca-sri-lanka-donates-essential-life-saving-equipment-worth-over-lkr-3-7-million-to-deniyaya-base-hospital/ Fri, 21 Mar 2025 19:38:22 +0000 http://www.newswire.lk/?p=180014

Continuing to reaffirm its commitment to social responsibility, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) extendedContinue Reading

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Mr. Heshana Kuruppu handing over medical equipment to the Deniyaya Base Hospital on behalf of CA Sri Lanka.

Continuing to reaffirm its commitment to social responsibility, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) extended its support to Deniyaya Base Hospital by donating essential medical equipment to strengthen healthcare services, particularly in the Maternity Ward and Paediatric Unit. The initiative was part of the Institute’s Corporate Social Responsibility (CSR) efforts and in celebration of its 65th anniversary.

Deniyaya Base Hospital has been facing a critical shortage of essential medical equipment, significantly impacting its ability to provide adequate healthcare services. The lack of diagnostic tools, patient monitors, and life-saving devices posed serious challenges, especially for maternity and paediatric care. The unavailability of these critical tools also led to situations where patients’ lives, especially those in the maternity ward, were at risk.

Having carefully evaluated the hospital’s requirements in consultation with a technical team formed by the hospital, and in response to the urgent need, CA Sri Lanka donated medical oxygen supply equipment, one multi-monitor, four syringe pumps, and four BP apparatus (aneroid), worth over LKR 3.7 million.

 

Mr. Heshana Kuruppu inspecting the hospital with the hospital medical staff.

The official handing-over ceremony took place on 15th March 2025 at the hospital premises where Mr. Heshana Kuruppu, President of CA Sri Lanka handed over the equipment to Dr. Kasun Withana, Medical Superintendent at the Deniyaya Base Hospital. Among those present at the event were Members of the Council of CA Sri Lanka, Mr. Thivanka Jayasinghe, Chairman of the Member Relations Committee, Ms. Jani Ganeshan, Chair of the CSR Sub-Committee, members of the Member Relations Committee, donors, Ms. Lakmali Priyangika, CEO of CA Sri Lanka, as well as the staff of the Institute and the hospital.

Speaking at the event, Mr. Kuruppu emphasised CA Sri Lanka’s commitment to supporting the healthcare sector: “Health is essential, and doctors play a vital role in saving lives. This donation will undoubtedly contribute to building a healthier future for generations to come.”

Dr. Withana extended the hospital’s gratitude to CA Sri Lanka, emphasising how the donation will help save lives and improve patient care.

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CA Sri Lanka’s 2025 Curriculum Redefines the Chartered Accountant’s Role for Tomorrow’s Challenges https://www.newswire.lk/business/ca-sri-lankas-2025-curriculum-redefines-the-chartered-accountants-role-for-tomorrows-challenges/ Thu, 27 Feb 2025 14:30:33 +0000 http://www.newswire.lk/?p=177093

27th February 2025: The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) launched its transformative 2025 curriculum onContinue Reading

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27th February 2025: The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) launched its transformative 2025 curriculum on 27th February 2025, marking a significant shift in the role of Chartered Accountants.

The event was attended by Chief Guest Mr. Pradeep Saputhanthri, Secretary to the Hon. Prime Minister, along with industry & business leaders, senior government officials, and representatives from professional accountancy organisations and academia.

 

The 2025-2030 curriculum introduces a series of game-changing features that reflect the changing demands of the global business environment. No longer confined to traditional financial roles, Chartered Accountants will emerge as strategic business leaders, technology-driven professionals, and ethical communicators. The new CA Curriculum will ensure they are prepared to steer organisations through complex challenges and opportunities.

 

The first copy of the curriculum titled “The Future Ready CA: Trusted | Strategic | Impactful” was presented to Mr. Saputhanthri by Chairman of the Curriculum Revision Task Force and Immediate Past President of CA Sri Lanka Mr. Sanjaya Bandara, in the presence of CA Sri Lanka President Mr. Heshana Kuruppu, Vice President Mr. Tishan Subasinghe, CEO Ms. Lakmali Priyangika, and project consultant Dr. Sugeeth Patabendige.

 

As the profession evolves beyond traditional financial expertise, the new curriculum equips Chartered Accountants to lead in a rapidly changing business landscape shaped by digitisation, artificial intelligence, and sustainability. It fosters technical excellence, ethical leadership, and strategic impact, ensuring accountants are prepared for emerging challenges.

 

With a strong focus on AI-driven financial analysis, data analytics, and automation, the curriculum empowers accountants to deliver strategic insights and drive business decisions. Digital literacy and sustainability are also integrated to meet evolving stakeholder expectations. Centered on three key pillars—Trusted, Strategic, and Storyteller it enhances the capabilities of future Chartered Accountants, positioning them as influential leaders in the profession.

 

Addressing the event, Mr. Heshana Kuruppuemphasised that the pioneering 2025-2030 curriculum is designed to equip the next generation of Chartered Accountants with the critical skills to adapt, innovate, and lead in a rapidly evolving business landscape. Moving beyond traditional financial stewardship, the curriculum integrates AI-driven financial analysis, digital literacy, and ESG (Environmental, Social, and Governance) reporting, ensuring that Chartered Accountants become trusted advisors and strategic business leaders.

 

“By combining technical excellence, ethical integrity, and storytelling skills, we are shaping professionals who can analyse, strategise, and articulate insights that drive meaningful business decisions. This curriculum is more than just a qualification, it is a transformative pathway that empowers accountants to navigate complex challenges and make a lasting impact on the global economy,” Mr. Kuruppu said.

 

Mr. Sanjaya Bandara added that CA Sri Lanka’s commitment to equipping its members for the digital age is embodied in the new curriculum, which combines technical excellence with strategic thinking and ethical leadership. “The three key promises, which are Trusted, Strategic, and Storyteller, guide the curriculum’s approach. Chartered Accountants will uphold the highest standards in financial reporting and management accounting while also becoming leaders in sustainability and governance. The focus on storytelling through leadership, negotiation, and communication skills will help accountants translate financial data into impactful business strategies,” he said.

 

He added that to ensure the curriculum meets the evolving demands of the profession and the industry requirements, an extensive stakeholder analysis was carried out. The insights gathered were instrumental in shaping a curriculum that is both industry relevant and future ready.

 

Beyond core technical knowledge, the curriculum integrates integrity skills, power skills, and enabling skills, ensuring that Chartered Accountants are prepared to lead through innovation and change. It is aligned with international standards, including the International Education Standards of the International Federation of Accountants (IFAC), the global accountancy body, ensuring global competitiveness. A key feature in the new curriculum is the Capstone Module, aimed at strengthening real-world application, enabling students to integrate their knowledge into strategic decision-making.

 

The curriculum is structured across three levels Business, Corporate, and Strategic ensuring a clear progression from foundational knowledge to advanced application. This ensures that Chartered Accountants not only possess essential technical knowledge but are also equipped to solve real-world business problems, preparing them to lead with trust, think strategically, and communicate with impact.

 

This new CA Sri Lanka Curriculum 2025 is a bold step toward shaping the next generation of Chartered Accountants for 2030 and beyond, ensuring they remain at the forefront of the profession in a fast-paced, technology-driven world.

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