Sri Lankas national accounting body is pumping more money into spreading the gospel of good accounting practices throughout the country.
The Institute of Chartered Accountants of Sri Lanka (ICASL), the countrys auditing standard setting body, will spend millions of rupees this year to improve its educational services.rn
rnAs it is, the institute caters to a student body of about 40,000 and most of its graduates land white-collar management positions in the private sector, but ICASL is now looking at providing better and broader educational facilities.rn
rnTopping the list of improvements are modern learning and research facilities that would widen the scope of education for future generations of number crunches at the cost of over Rs. 150mn.rn
rnldblquote We dont have facilities like distance learning and language labs but we are hoping to introduce these facilities,
dblquote said the new ICASL President, Indrajith Fernando. rn
rnFernando, the 17 president of the ICASL, who was inducted on Tue