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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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INS GHARIAL makes port call in Colombo

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The Indian Naval Ship (INS) GHARIAL made a port call in Colombo for operational turnarounds on 04 Feb 26. The Sri Lanka Navy welcomed the visiting ship in compliance with naval traditions.

Commanded by Commander Gaurav Tewari, INS GHARIAL is a vessel with a length of 124.8 meters.

During this visit, ten (10) Bailey Bridges, brought by ship, through the coordination of the High Commission of India in Sri Lanka, will be handed over to the Disaster Management Center. These bridges will provide temporary transportation links while bridges damaged across the island by adverse weather conditions are repaired.

The crew’s itinerary features scheduled goodwill activities with the Sri Lanka Navy, alongside visits to several tourist attractions across the island.

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Speaker’s personal secretary accused of interference with ongoing bribery investigation

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Harshana

SJB Gampaha District MP Harshana Rajakaruna yesterday told Parliament that the Speaker’s Personal Secretary had written to the Secretary-General of Parliament seeking information on a complaint lodged with the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) by a former Deputy Secretary of Parliament against the Speaker. Rajakaruna called for an immediate investigation into what he described as interference with an ongoing probe.

Raising the matter in the House, Rajakaruna said he had formally requested the Commission to initiate an inquiry into the conduct of the Speaker’s Personal Secretary, Chameera Gallage, questioning the authority under which such information had been sought.

Rajapakaruna tabled in Parliament a copy of the letter allegedly sent by Gallage to the Secretary-General requesting details of the bribery complaint.

Addressing the House, Rajakaruna said that the letter, sent two days earlier, had sought “full details” of the complaint against the Speaker. He maintained that seeking such information amounted to interference with an investigation and constituted a serious offence under the Bribery Act.

“The Speaker’s Secretary has no right to interfere with the work of the Bribery Commission. Under what law is he acting? What authority does he have? The Speaker, like everyone else, is subject to the law of the land,” Rajakaruna said, urging the Commission to take immediate action.

He noted that the Bribery Act treated the obstruction of investigations and the destruction of documents relating to such inquiries as serious offences punishable by law, and said he believed the Minister of Justice would concur.

The allegations sparked sharp reactions in the Chamber, as Opposition members called for accountability and due process in relation to the complaint against the Speaker.

By Saman Indrajith

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Govt: Average power generation cost reduced from Rs. 37 to Rs. 29

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Kumara

The Ceylon Electricity Board has managed to reduce the average cost of electricity generation from Rs. 37 per unit to Rs. 29, marking a 22 percent reduction, Minister of Power and Energy Eng. Kumara Jayakody told Parliament yesterday.

Responding to an oral question raised by Opposition MP Ravi Karunanayake, the Minister said that electricity tariffs cannot be reduced unless the cost of generation is brought down.

“You cannot reduce electricity tariffs without reducing the cost of generation. What we are currently doing is buying at a higher price and selling at a lower price. When we assumed office, the cost of purchasing and generating electricity was Rs. 37 per unit. We have now managed to bring it down to Rs. 29, a reduction of 22 percent.

Our target is to further reduce this to Rs. 25. Once that is achieved, we will reduce electricity tariffs by 30 percent within three years, as we promised,” Minister Jayakody said.

He added that the government has already formulated a long-term generation plan to further expand the country’s power generation capacity.

According to the Minister, key measures include increasing the absorption of renewable energy into the national grid, expanding the national transmission and distribution network, introducing renewable energy storage systems, and constructing thermal and liquefied natural gas (LNG) power plants to replace aging facilities and meet future demand.

He also said that steps would be taken to enhance the capacity of existing hydropower plants as part of the broader strategy to ensure energy security and reduce long-term electricity costs.

By Ifham Nizam

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