News
ACCA offers pathways to obtain a Global Finance Qualification and a BSc Degree while awaiting A/L results
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.
News
INS GHARIAL departs island
The Indian Naval Ship (INS) GHARIAL which made a port call in Colombo, departed the island on 06 Feb 26.
The Sri Lanka Navy bade a customary farewell to the departing ship at the Port of Colombo, following naval traditions.
During the ship’s port call, the crew took a sightseeing tour of key attractions in Colombo.
The visit also featured the handover of ten temporary Bailey Bridges, which were brought by INS GHARIAL, in coordination with the High Commission of India in Sri Lanka.
News
Stop the collection of funds from parents at school level for Smart Boards — PM
Prime Minister Dr. Harini Amarasuriya stated that the Ministry of Education has already commenced the distribution of Smart Boards required for the new education reforms, and that the collection of funds from parents at school level for this purpose must be stopped immediately. She further emphasized that no decision has been taken to curtail free education or to close the Jayewardenepura Faculty of Dental Sciences.
The Prime Minister made these remarks in response to a question raised in Parliament on Thursday [05th February] by the Leader of the Opposition, Sajith Premadasa.
Elaborating further, the Prime Minister stated,
“Although the Leader of the Opposition has not traditionally upheld free education as a policy, I appreciate your stance on the matter at this juncture. However, I urge that questions should not be raised based on social media content or unverified rumours in Parliament. No decision has been taken to curtail free education or to close the Jayawardenepura Faculty of Dental Sciences. The Medical Faculty of the Wickramarachchi University of Indigenous Medicine had commenced operations without regulatory approval and had introduced course work, resulting in students being placed in a vulnerable situation. Necessary action is currently being taken based on the recommendations of a report submitted by an expert committee appointed to examine the issue. This this is not a political decision, but one guided by expert opinion”.
“Arrangements are underway to distribute the required Smart Boards to schools during this year, and there is no need to collect funds from parents for this purpose. If any such collections are taking place, they must be stopped immediately. The Secretary to the Ministry of Education has already issued a directive instructing schools not to collect funds from parents”.
“The subject Information Technology will not be taught as a separate subject for Grades 1 to 5. However, recognizing the need to prepare students for a globally advancing technological world, discussions have been initiated based on expert advice on how to provide age-appropriate technological awareness to students. Decisions will be made after carefully considering child protection concerns and expert recommendations. The curriculum-related decisions will not be made politically, but by subject experts.
Based on the requests made by the universities and higher education institutions recruitment for essential academic vacancies is currently being carried out under the Cabinet approval. Although thirty years have passed since the establishment of the teacher service, further measures are required to enhance its quality. Existing issues relating to teacher promotions, considering the practical difficulties in evaluation processes and non-compliance with service minute provisions are being addressed alongside other challenges. The government is presently focused on formulating a systematic plan to ensure quality education.”
Responding to a question raised by the Member of Parliament Kader Mastan, the Prime Minister stated,
“Several programmes have been introduced based on government policy decisions to fulfill the basic needs of schoolchildren. These include the provision of school textbooks, uniforms, and the “Suraksha” health insurance scheme. Additionally, voucher schemes have been introduced to support the purchase of sanitary products for girls in Grades 6 to 13. Midday meals are also being provided for primary school students, and financial assistance is extended to students who pass the Grade 5 Scholarship Examination but do not receive bursaries. The Ministry of Education is in the process of gathering further information with the intention of expanding these programmes”.
The Prime Minister also announced that the 2025 G.C.E. Ordinary Level Examination is scheduled to be held from February 17 to 26. Although this period coincides with the observance of Ramadan, relevant authorities have confirmed that it will not pose an obstacle to the conduct of the examination. Furthermore, it has been decided to hold the Grade 5 Scholarship Examination and the G.C.E. Advanced Level Examination before August each year, and the G.C.E. Ordinary Level Examination in December. From 2026 onwards, efforts will be made to conduct examinations in accordance with this revised annual examination calendar.
[Prime Minister’s Media Division]
News
Steps have been taken to modernize Technical Colleges in all 25 Districts – PM
Marking a major transformation in Sri Lanka’s vocational education sector, the Government has decided to develop and modernize 25 technical colleges located across all the 25 districts in line with contemporary global standards.
It was revealed at a special discussion held on 06th of February at the Parliamentary Complex, chaired by the Minister of Education, Higher Education and Vocational Education, Prime Minister Dr. Harini Amarasuriya, together with the Deputy Minister of Vocational Education Nalin Hewage.
Addressing the meeting, the Prime Minister emphasized that these development initiatives should not be limited merely to providing vocational skills, but should also place strong emphasis on the mental health and overall well-being of the youth.
Accordingly, the Prime Minister stressed the importance of establishing modern hostels, cafeterias, and healthcare facilities; designing both internal and external environments in a manner that offers recreational and aesthetic experiences while promoting mental well-being; and developing a distinct identity for each technical college so that they can be clearly recognized as unique institutions, separate from other educational establishments.
Speaking at the discussion, Deputy Minister of Vocational Education Nalin Hewage stated that development work at 23 technical colleges could be commenced in the near future in order to enhance the human resources required for national development. He further noted that it is expected to obtain the labour contribution and assistance of the Tri-Forces for these construction and modernization activities.
The discussion was attended by Deputy Minister of Defence Major General Aruna Jayasekara, Secretary to the Ministry of Defence Air Vice Marshal Sampath Thuyacontha, Secretary to the Ministry of Education Nalaka Kaluwewa, along with the officers from the Tri-Forces.
[Prime Minister’s Media Division]
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