Connect with us

News

Only 36 out of 1,200 public sector accountants professionally qualified 

Published

on

Panel discussion of the CA Sri Lanka’s Annual Budget Seminar 2025 in session

CA offers way to bridge critical skills gap 

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) has urged the government to integrate CA Sri Lanka’s Chartered Public Finance Accountant (CPFA) qualification into public service recruitment to bridge the critical skills gap in professionalising the country’s public sector finance management.

CA Sri Lanka President, Heshana Kuruppu said that there was an urgent need to professionalise Sri Lanka’s public sector finance management, drawing comparisons to Cyprus’ economic recovery, which saw a significant shift towards qualified professionals in financial roles.

Addressing CA Sri Lanka’s Annual Budget Seminar 2025, Kuruppu said although there are 1,200 public sector accountants in Sri Lanka, only 36 are professionally qualified as per recent most available statistics.

The Annual Budget Seminar 2025 held at the CA Sri Lanka auditorium brought together leading experts in finance, taxation, and policy, to analyze the country’s fiscal trajectory and provided a platform for in-depth discussions on the government’s budget proposals and their economic implications, with the keynote delivered by Dr. Harshana Suriyapperuma, Deputy Minister of Finance and Planning.

CA Sri Lanka also utilized the platform to reaffirm its commitment to supporting policymakers, businesses, and professionals in driving sustainable economic progress, while also underscoring its readiness to assist the government in key areas, including strengthening institutional governance of state-owned enterprises (SOEs).

Kuruppu, who emphasized the critical role of financial governance, public sector efficiency, and regulatory improvements in shaping Sri Lanka’s economic future. Highlighting the Budget’s key proposals, he called for greater institutional reforms, particularly in State-Owned Enterprises (SOEs).

“As you know, CA Sri Lanka played a pioneering role in introducing the corporate governance framework to corporates in the country and supported its voluntary adoption by many corporates well before it became law. We are ready to share our experience and expertise with SOEs to improve their governance structure, including the role of directors, the role of audit committees, improving transparency through timely reporting, and risk management. This support could be provided through organizing workshops or other knowledge-sharing initiatives to support the government’s plans,” Kuruppu said.

During the seminar, Sarah Afker, Chairperson, Faculty of Taxation, CA Sri Lanka, delivered the key highlights of the National Budget, which was followed by a high-profile panel discussion, featuring Thanuja Perera, Tax Policy Advisor, Ministry of Finance; Dr. Nishan de Mel, Executive Director, Verité Research; Dr. Roshan Perera, Economist; Nisreen Rehmanjee, Head of Corporate Finance & Group Tax, John Keells Group PLC; Ayesha Ashenthi, Commissioner, Department of Inland Revenue; and Afker, with the session being moderated by Saman Sri Lal, Council Member and Alternate Chair, Faculty of Taxation.



Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Navy renders assistance to bring injured fisherman ashore

Published

on

By

The Sri Lanka Navy demonstrated its commitment to maritime safety by  assisting  to bring ashore an injured fisherman and rushing him for urgent medical attention on Thursday (28 May 2026)

The fisherman was aboard a local multiday fishing trawler off the south coast and the Maritime Rescue Coordination Centre (MRCC) Colombo coordinated the retrieval of the fisherman.

Reportedly, the multi-day fishing trawler had departed from the Kudawella Fisheries  Harbour on 05th  May with 06 fishermen. While engaged in fishing activities approximately 730 nautical miles off the south coast, one of the crew members suffered an injury.

Following a formal request for assistance, through MRCC Colombo, the Merchant Vessel ‘Dong Fang Wei Ye’ sailing in the nearby sea area had been informed to retrieve the patient. In a rapid response, the Navy dispatched a craft attached to the Southern Naval Command to the designated sea area where the Merchant Vessel was stationed to transfer the fisherman.

Upon transferring the injured fisherman from the Merchant Vessel, naval personnel provided essential first aid to the injured person before swiftly bringing him to the Galle Harbour And safely transferred him to the National Hospital, Galle.

 

Continue Reading

News

Applications called to recruit 400 public officers as Digital Champions for the Public Impact Champions Network

Published

on

By

As a key component of the Government’s Digital Economy Plan aimed at enhancing the quality and efficiency of the public sector system, an awareness programme for coordinating executive officers of public institutions was held on Wednesday (27) at the Information and Communication Technology Agency of Sri Lanka (ICTA). The programme marked the first step towards establishing the “Public Impact Champions Network” (PIC-NET), an institutional pilot network intended to drive the optimisation of public services through the digitalisation of public institutions.

During the programme, heads of institutions were informed to submit applications from officers currently serving in public institutions who possess the capability and capacity to represent the “Champions Corps” in spearheading digital transformation, in accordance with Circular PS/ADA/Circular/3/2026.

Chairman of the Information and Communication Technology Agency of Sri Lanka and Senior Adviser to the President on the Digital Economy, Dr. Hans Wijayasuriya, stated that the Government aims to increase Sri Lanka’s digitally empowered economy from its current level of 3% to 12% by 2030.

He further explained that the development of the digital economy is a process aimed at improving efficiency, quality and revenue generation through the use of communication technology in economic activities.

Pointing out how the digital economy has expanded in every developed state, Dr Hans Wijayasuriya noted that the slow growth of the digital economy remains a serious challenge faced by Third World countries. However, he stated that India is currently achieving remarkable progress in digital economic development and that elevating Sri Lanka’s digital economy to a prominent level alongside such developments is one of the Government’s principal objectives.

Dr Hans Wijayasuriya also pointed out that this digital economic growth must take place simultaneously across nearly all public institutions. Accordingly, within the next three years, the coordination and management of transactions among public institutions are expected to function in a fully networked manner similar to banking operations.

He further emphasised that the support of both public institutions and the country’s citizens as a whole would be crucial for the successful implementation of this extensive technological transformation across all public institutions over the next few years.

Ranil Peiris of the Department of Information Technology at the University of Sri Jayewardenepura briefed those present on the foundation of the PIC-NET programme and its future plans.

He explained that, in the future, citizens would be able to access services such as applying for passports and renewing licences entirely online from their homes. He further pointed out that this system would eliminate the need for citizens to repeatedly provide the same information.

Representatives of KPMG also presented the future action plan relating to the selection and training of officers.

Representing the Presidential Secretariat, Sameera Wickremasinghe further briefed participants on the mechanism for calling applications.

The necessary guidance and coordination support for this public sector digitalisation programme are being provided with the support of the Presidential Secretariat, the Ministry of Digital Economy, GovTech Sri Lanka and the Asian Development Bank.

(PMD)

Continue Reading

Foreign News

Mother-in-law of Indian bride whose death set off media frenzy arrested

Published

on

By

Twisha Sharma was found dead in her marital home on 12 May [BBC]

India’s top anti-crime agency has arrested the mother-in-law of an Indian woman whose death has sparked conflicting claims of murder and suicide.

Twisha Sharma’s parents and siblings have alleged that she was tortured by her lawyer husband, Samarth Singh, and his mother – retired judge Giribala Singh – over dowry demands and that she was murdered, allegations they have denied.

The 33-year-old model and actor had been married for just five months when she was found dead in her matrimonial home in Madhya Pradesh state’s Bhopal city on 12 May.

On Thursday, the Central Bureau of Investigation (CBI) arrested Giribala Singh after questioning her for several hours.

The Madhya Pradesh High Court had earlier cancelled her anticipatory bail, finding that a trial court had ignored key evidence and witness testimony.

Following Twisha’s death, the police had registered a case of dowry death against the Singhs. Earlier this week, the investigation was taken over by the CBI.

Twisha’s death has made national headlines and has once against brought the issue of dowry deaths into the spotlight. Every year, thousands of women are murdered for bringing in insufficient dowries, even though the practice was banned in 1961.

The case has drawn significant attention because of the family’s prominence. Twisha was a former beauty pageant winner and actor, while her husband and mother-in-law were lawyers.

Twisha’s parents allege that dowry-related harassment began soon after her marriage to Singh. They also claim that when she became pregnant, Singh and his mother accused her of infidelity and forced her to terminate the pregnancy.

The Singhs deny the allegations, saying Twisha had mental health issues and took her own life. They also contend that the decision to terminate the pregnancy was hers.

Singh is currently in police custody. He had reportedly absconded after Twisha’s death and was arrested by police in Jabalpur on 22 May.

Twisha was cremated on Sunday after a second autopsy. Her family had alleged that the first post-mortem was flawed and accused the police of a cover-up, a charge the police denied.

[BBC]

Continue Reading

Trending