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ACCA offers pathways to obtain a Global Finance Qualification and a BSc Degree while awaiting A/L results

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The Association of Chartered Certified Accountant’s (ACCA) Diploma in Accounting and Business is a globally recognized qualification, which is a badge of quality and professionalism, providing a solid foundation of all the necessary technical knowledge and soft skills required towards becoming a globally qualified accountant. Professionals with the ACCA qualification are highly sought-after by employers today, as the certificate is known to represent integrity, business acumen and in-depth financial knowledge.

ACCA now offers students, awaiting A/L results, the opportunity to enroll for this Diploma and thereafter continue to obtain a BSC degree in applied accounting from Oxford Brooks University UK and the ACCA professional qualification.

The qualification will help to gain a strong understanding of the essential technical accounting skills and develop the ability to impart sound commercial advice and recommendations as a finance professional.

The diploma comprises of a comprehensive curriculum designed to develop accounting knowledge and skills as well as professional values and covers underlying concepts relating to financial accounting, skills to support management in planning and control and decision-making utilising management information and fosters knowledge and understanding of the business and its environment and the influence this has on how organisations are structured. The qualification also has a strong focus on ethics and governance given the context that the profession is moving towards strengthened codes of conduct, regulation, and legislation.

To receive the Diploma, students must undertake three exams that include Business and Technology, Management Accounting and Financial Accounting, along with the Foundations in Professionalism module. The Diploma also offers a fast and flexible route to achieving its completion with computer-based exams available on-demand throughout the year. As such the entire Diploma can be completed within 4 to 6 months.

Nilusha Ranasinghe, Head of South Asia Cluster for ACCA, speaking of the value that can be derived from the qualification, stated “modern accounting professionals need a rigorous and flexible qualification to help them make a real contribution to business performance in the challenging business landscape that we are face with today.

Our qualifications meet employers’ needs, and helps those who study our degrees develop the technical knowledge and practical skills needed for top accounting roles. Organisations, therefore, know and trust our designation as we have gained a credible reputation for creating strategic-thinking accountants our fast-changing world need and our Diploma in Accounting and Business has proved to be a valuable asset to any aspiring professional who is hoping to forge a successful career for themselves in the fields of accounting and finance”

ACCA students and affiliates worldwide, are today amongst the world’s best-qualified and most highly sought-after accountants that work in top positions in every industry sector.

Therefore, whether it is the aspiration to start a career in finance, gain recognition for the wealth of skills and experience already achieved, or want accelerated progression to a more senior position in accountancy, the Diploma in Accounting and Business is an ideal pathway to attain a position as a leading finance professional.

Further information on the Diploma can be obtained by contacting the ACCA Sri Lanka office.



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Police step up crackdown on organised crime after securing 95 Interpol Red Notices

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Police personnel accompanying a female suspect brought to Colombo yesterday

Police have stepped up their crackdown on organised crime, after securing Interpol Red Notices for 95 suspects believed to be hiding overseas.

Police Spokesman SSP F. U. Wootler told a media briefing yesterday that the move marked a major escalation in efforts to track down and extradite high-profile figures linked to organised crime syndicates and online fraud networks.

He said the strategy was already producing results. In 2024, Sri Lanka secured the return of 10 suspects through Interpol channels, while a further 11 were extradited in 2025 to face legal proceedings.

In addition to Red Notices, authorities have relied on formal legal mechanisms to overcome jurisdictional barriers. “During the 2024–2025 period, 21 suspects were extradited under the Extradition Act,” SSP Wootler said.

The briefing coincided with three more fugitives being escorted back to Sri Lanka yesterday following the issuance of Interpol Red Notices.

SSP Wootler said many of the fugitives had continued to coordinate criminal activities here from abroad, including sophisticated online scams, underscoring the importance of international cooperation.

Two male suspects, for whom Red Notices had been issued and who were overseas, and a female suspect wanted in connection with defrauding state funds, were flown back.

Following their arrival yesterday morning at Katunayake Airport, they were taken into custody by a team of officers from the CID.

The arrested suspects are residents of Kandana and Uragasmanhandiya, aged 30 and 52, respectively. The female suspect is a 56-year-old resident of Mount Lavinia.

The suspect residing in Kandana is an individual wanted in connection with an attempted murder. It has been revealed that while overseas, he is connected to a range of crimes, including orchestrating a shooting incident that resulted in a homicide in the Kandana area on 2025.07.03. This suspect has been handed over to the Officer-in-Charge of the Kelaniya Division for further investigations.

The one hailing from Uragasmanhandiya is a suspect wanted in connection with carrying out homicides using sharp weapons and being involved in a series of organised crimes in the Uragasmanhandiya area. This suspect has been handed over to the Officer-in-Charge of the Elpitiya Division for further investigations.

The female suspect, residing in Mount Lavinia, who is reported to have worked at an Embassy in 2014, is an accused in a case where the Criminal Investigations Department is investigating the defrauding of state funds. She has been sentenced to imprisonment, fines, and also ordered to compensate victims by the Colombo High Court.

“These operations were carried out with the strong support of the Government of the United Arab Emirates, including Abu Dhabi International Police, Dubai Police, as well as Sri Lankan diplomatic missions,” he said.

Interpol Red Notices function as international alerts requesting law enforcement agencies worldwide to locate and provisionally arrest individuals pending extradition.

Wootler said efforts would continue to identify and pursue suspects operating from foreign jurisdictions, particularly those involved in organised and cyber-related crimes posing threats to national security.

By Norman Palihawadane and Hemantha Randunu

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Julie’s exit gladdens Udaya’s heart

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Gammanpila eating milk rice during yesterday’s press conference to celebrate Ambassador Chung’s departure

Leader of the Pivithuru Hela Urumaya (PHU), Udaya Gammanpila, yesterday launched a scathing attack on outgoing United States Ambassador to Sri Lanka Julie Chung, accusing her of interfering in Sri Lanka’s internal affairs and exerting undue influence over recent political developments.

Addressing a press conference in Colombo, Gammanpila said Chung’s departure, after a four-year tenure, marked a “day of national relief,” claiming her presence had been harmful to the country.

He said patriots marked the occasion by sharing kiribath (milk rice), which he described as a symbolic celebration.

Gammanpila alleged that Ambassador Chung had remained in Sri Lanka longer than the customary three-year diplomatic term because of, what he described as, her success in bringing the country under American influence. Drawing comparisons with past foreign diplomats, he claimed that Chung was the most influential envoy since Indian High Commissioner J.N. Dixit in the 1980s. He alleged that successive Sri Lankan governments had failed to challenge what he described as interference by the envoy.

The PHU leader accused Chung of playing a behind-the-scenes role in the 2022 protest movement, commonly known as the Aragalaya, claiming it was orchestrated to destabilise the country. He alleged that young protesters were unknowingly “acting out a foreign script” under the guise of patriotism.

Gammanpila also alleged that Chung played a key role in elevating the National People’s Power (NPP), which he referred to as the “Malimawa” movement, into a governing force in 2024. He claimed the movement had been transformed from its earlier ideological roots into, what he described as, a pro-Western political project, asserting that President Anura Kumara Dissanayake had come to power with foreign backing. He cited a photograph shared on Chung’s social media account of her visit to the NPP headquarters as evidence of what he termed political proximity.

According to Gammanpila, Ambassador Chung’s public criticism of governance issues sharply declined following the change of government. He alleged that while she had frequently commented on incidents under previous administrations, she had remained silent on alleged corruption and governance failures over the past 14 months.

Turning to the future, Gammanpila urged caution regarding the incoming US Ambassador, Eric Meyer, stating that any engagement on religious or cultural matters should be viewed carefully. He called on President Dissanayake to pursue an independent foreign policy, free of external influence.

Gammanpila also criticised the government over, what he described as, repeated “policy blunders,” particularly in relation to issues affecting children and social values. He cited several instances, including proposals to promote Sri Lanka as a destination for same-sex couples, educational material controversies, and a recent People’s Bank advertisement that he claimed subtly promoted same-sex symbolism. While stating that he held no animosity towards the LGBTQ community, Gammanpila said he opposed, what he described as, attempts to influence children through state institutions.

In addition, the PHU leader condemned legal action taken by the Coast Conservation Department against nine individuals, including four Buddhist monks, for installing a Buddha statue within a coastal conservation zone in Trincomalee. He described the arrests as discriminatory, alleging that similar structures belonging to other religions and commercial entities had been overlooked.

Calling the current administration “anti-Buddhist,” Gammanpila urged authorities to apply the law equally and not just in words, and  “not to turn legal frameworks into instruments against Buddhism.” He also accused members of the government of ingratitude, alleging that many had once sought refuge in temples during periods of political violence.

By Anuradha Hiripitiyage

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IMF fact-finding mission to visit Lanka from 22–28 Jan.

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The International Monetary Fund (IMF) has decided to send a fact-finding mission to Sri Lanka, from 22 to 28 January, to assess the damage caused by the recent Cyclone Ditwah.

The Director of the IMF’s Communications Department, Julie Kozack, also stated that the team will discuss related policy implications under the Extended Fund Facility (EFF) programme.

She also underscored that this is a fact-finding mission aimed at enabling the team to gain a clearer understanding of the situation on the ground.

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