The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) awarded scholarships to 158 outstanding students in the country, including the highest achievers at the 2018 GCE Advanced Level examination, to kick start a career in chartered accounting.
At the Annual Scholarship Awarding Ceremony held on Friday, CA Sri Lanka awarded scholarships under several categories, including the GCE Advanced Level Island Top Ten scheme, GCE Advanced Level District first scheme, L. A. Weerasinghe Memorial scheme and the Business Level Trainee scheme among several others.
The event was held under the patronage of Past President of CA Sri Lanka and Chairman of the Securities and Exchange Commission of Sri Lanka (SEC), Ranel T. Wijesinha, President of CA Sri Lanka, Jagath Perera, Chairman of the CA Foundation, B. R. L. Fernando and Alternate Chairman of the CA Foundation, Asoka Jayasinghe.
Perera highlighted the value of the CA qualification which is offered with important components encompassing skill development and practical experience.
He said that the CA qualification assures employability at all levels, depending on the competency level of the student. “The Certified Business Accountant (CBA) is the lowest level in the qualification, and the Chartered Accountant is the highest level. It is left to you to continue your education and come to the level based on your competency,” he said.
Eighty-one scholarships were awarded under the L. A. Weerasinghe Memorial scheme, while 31 were awarded under the Business Level Trainee scheme.
Another 12 scholarships were awarded under the GCE A/L Island Top Ten scheme, and 20 scholarships were given under the GCE A/L District first scheme.
Another 10 students received scholarships under the National Conference scheme, while two students each received scholarships under the Sanjaya Bandara scholarship fund and the Qatar Chapter fund.