Beruflich Dokumente
Kultur Dokumente
Colombo 07.
E-mail: sab@casrilanka.org
PREFACE
Welcome to the School of Accounting and Business (SAB) of the Institute of Chartered
Accountants of Sri Lanka (CA Sri Lanka).
The main purpose of this handbook is to provide you with all the information on various aspects
of the BSc. (Applied Accounting) General/Special degree so as to assist you to become familiar
with the degree programme. This handbook outlines the facilities provided by the Institute and
as a registered student you are entitled to use such facilities and services. In addition this
handbook also provides you with a comprehensive guide to the by-laws and regulations that
you have agreed to abide by.
It is important that you carefully read this handbook and become familiar with its content. In
case you come up with academic-related matters to which this booklet does not respond, you
are strongly persuaded to consult the Director or the Programme Coordinator of School of
Accounting and Business (SAB) of CA Sri Lanka.
I am pleased that you have selected to read for the BSc. (Applied Accounting) General/Special
degree programme offered by the SAB of CA Sri Lanka and I hope you would have a rewarding
learning experience through dedication and commitment over next three years and beyond.
4. Programme Structure 10
4.1 BSc (Applied Accounting) General Degree 10
4.2 BSc (Applied Accounting) Special Degree – Year IV 13
9. Examination Regulations 39
9.1 Rules and Regulations Governing the Conduct of Examinations 39
9.2 Examination Offences and Punishments 40
9.3 Compulsory Punishments 42
10. Accreditation 43
10.1 La Trobe Business School of La Trobe University, Australia 43
10.2 Association of Chartered Certified Accountants (ACCA) of UK 43
10.3 CPA Australia 44
1.1 Introduction
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) is one of the largest
professional organizations in Sri Lanka; it supports over 4,300 chartered accountants. The
Institute provides insight and leadership to the accountancy and finance profession in Sri Lanka
as well as globally.
The qualified members of CA Sri Lanka are trained to provide financial knowledge and guidance
based on the highest professional, technical and ethical standards, thereby assisting
communities and organizations to gain long-term sustainable economic growth.
The CA Sri Lanka was established by Act of Parliament No. 23 of 1959 and is one of the largest
tertiary education providers outside the university system of Sri Lanka with a student base of
over 36,000.
1.2 Vision
To demonstrate and be known for exemplifying the highest standards in business and society.
1.3 Mission
To be the most-sought after professional qualification for business leaders .
1.4 Objectives
Upholding standards in the public interest
Excellence in education and professional development
Leadership through ideas and influence
Delivering dynamic and proactive service
1|P a g e
1.6 Governance
The Council of the Institute of Chartered Accountants of Sri Lanka is the governing body
responsible for policy formulation and strategy development. The Council is structured to
accommodate a President, Vice-President, six members elected by the members and six
members appointed by the Honorable Minister of Internal Trade and Co-operatives. The main
duties of the Council are to: conduct qualifying examinations and prescribe courses of study;
supervise and regulate student education and training; maintain professional standards, and
acquaint members with the methods and practices necessary to maintain standards; encourage
research in accountancy and related subjects and secure the well-being and advancement of
the profession.
The Institute provides its members with knowledge and guidance based on the highest
professional, ethical and technical standards. It ensures a high level of professional competence
among the membership and those aspiring to be members. CA Sri Lanka influences national
policy formulation in areas related to the accountancy profession and contributes in a
significant manner to the national development efforts.
Over the years CA Sri Lanka has strived to build long-term beneficial relationships with various
key stakeholders through maintaining close connections with the government, respective
regulators, the corporate world, individuals and communities. Further, CA Sri Lanka enjoys a
strong working relationship with leading accounting bodies across the globe. CA Sri Lanka is a
member of the International Federation of Accountants (IFAC), Confederation of Asian and
Pacific Accountants (CAPA) and a founder-member of the South Asian Federation of
Accountants (SAFA).
2|P a g e
2.0 SCHOOL OF ACCOUNTING AND BUSINESS (SAB)
2.1 Introduction
The School of Accounting and Business was established by CA Sri Lanka for the purpose of
conducting the BSc. (Applied Accounting) General/Special Degree programme. SAB functions
under the overall responsibility of the Council of CA Sri Lanka with a separate Board of
Management and Board of Studies.
2.2 Aims
The SAB has set five core strategic aims:
Provide excellent learning opportunities that are student-centered and employment-
focused.
Undertake excellent research in selected areas of activity.
Maintain the school’s position as a sector leader in widening access to higher
education.
Establish the school as a sector leader promoting creativity and innovation.
Conduct business in line with the school’s core values and to the highest standards of
corporate governance.
3|P a g e
3.0 BSc. (APPLIED ACCOUNTING) GENERAL/SPECIAL DEGREE PROGRAMME
3.1 Introduction
The BSc. (Applied Accounting) is a degree programme approved by the University Grants
Commission (UGC) of Sri Lanka; it is designed to produce employable graduates with the
required skills, competencies and industry knowledge to fulfill a successful accounting career.
Upon completion, the student will gain an extensive knowledge and required skills in
accounting practices, as this is the only degree programme in Sri Lanka that enables students to
gain knowledge in the field of ‘Applied Accounting’.
3.2 Aim
To facilitate scholars who are capable of understanding the realities of financial reporting in
relation to changing environmental conditions and forming ideas for necessary improvements
in accounting practice.
3.3 Objectives
To produce employable graduates who are technically competent and highly skilled in
contemporary accounting practice.
To produce graduates who will be capable of addressing managerial issues in the
industry.
To produce graduates with required knowledge, skills and attitudes in order to
understand and make effective solutions for financial and economic issues in a global
context.
4|P a g e
Passes in three subjects (in any subject stream) at the GCE Advanced Level (Sri Lanka)
examination with a minimum mark of 30% for the Common General Paper at one
attempt.
OR
Passes in four subjects (in any subject stream) at the GCE Advanced Level (Sri Lanka)
examination (under old syllabus) at one attempt.
OR
Any foreign qualification equivalent to the GCE Advanced Level Examination in Sri Lanka
as approved by the University Grants Commission of Sri Lanka.
AND
Good performance at the Selection interview.
In addition to the above minimum entry requirement, candidates with the following
qualifications may qualify for exemptions to follow the BSc (Applied Accounting)
General/Special degree programme.
(N.B. An applicant will be granted exemptions based on only one of the above qualifications. In
the event an applicant possesses more than one qualification he/she may be granted
exemptions based on the qualification which entitles him/her to obtain the maximum number of
exempted courses.)
5|P a g e
3.5 Curriculum Design
The BSc. (Applied Accounting) degree programme promotes orientation to the accounting
profession and is designed to improve knowledge, develop skills and inculcate appropriate
attitudes necessary to fulfill a successful accounting career. Throughout the curricula, emphasis
is given to the development of skills and core competencies in critical and creative thinking,
analytical ability, commitment to life-long learning, adoption to situations, negotiations,
interpersonal relations and team work, time and stress management, problem-solving skills and
leadership skills. The development of skills will be embedded in the teaching and learning
processes of the course units and assessed through the internship and skills development
programme at the end of each semester in the third and the final year.
BSc. (Applied Accounting) Special Degree Programme – this consists of eight semesters
within a period of four years. The students are required to earn 121.5 credits to
complete the BSc. (Applied Accounting) Special Degree Programme.
6|P a g e
After successful completion of the BSc. (Applied Accounting) General degree programme,
students have the opportunity to continue for another year (two semesters) and complete the
Special Degree programme. A candidate who will read for the Special Degree in BSc. (Applied
Accounting) shall follow advanced accounting and financial management-related courses with
a research exposure.
The BSc. (Applied Accounting) General/Special Degree programmes are designed mainly
based on the core subject disciplines of Financial Accounting, Management Accounting and
Financial Management. In addition, there are five other related sub-core disciplines and an
auxiliary discipline. The five sub-core disciplines are Quantitative and Management
Techniques, Business Economics, Information and Communication Technology, Management
and Law. The auxiliary discipline is Business Communication.
A Course means a subject unit taught during a semester. Usually it is calculated in terms of 30
hours of lectures and 30 hours of tutorials or 30 hours of lectures and 15 hours of tutorials.
The courses included in the degree programme are identified with a course code. The course
code consists of eight alphanumeric characters as follows:
The first three characters denote the subject discipline. The acronym and the associated
subject disciplines are shown in Table 01
The first digit denotes the year of the degree programme, i.e., 1- first year, 2- second year, 3-
third year and 4-fourth year.
7|P a g e
Table 01: Acronym and Subject Discipline
The second and third digits denote the sequential number assigned to the course under the
respective discipline, e.g., AFM 10130 denotes the first course under Accounting,
Management Accounting and Financial Management discipline. MGT 30725 denotes the
seventh course under the Management discipline. BCM 10225 denotes the second course
under Business Communication.
The last two digits describe the credit values assigned to the course, e.g., AFM 10130; 03
credit values are assigned for the course. MGT 30725; 2.5 credit values are assigned for the
course.
The total number of courses prescribed for the General and Special Degree programme is 34
and 41 respectively.
8|P a g e
The total credit values assigned for the General and Special Degree programme is 96.5 and
121.5 respectively.
9|P a g e
4.0 PROGRAMME STRUCTURE
Year I Semester I
Year I Semester II
10 | P a g e
Year II Semester I
Year II Semester II
11 | P a g e
Year III Semester I
12 | P a g e
4.2 BSc. (Applied Accounting) Special Degree- Year IV
Year IV Semester I
Year IV Semester II
13 | P a g e
5.0 COURSES OFFERED IN BSc. (APPLIED ACCOUNTING) GENERAL/SPECIAL
DEGREE PROGRAMME
14 | P a g e
AFM 20530 Business Finance
The objective of this course unit is to ensure that the students have gained an introductory
knowledge of financial management of corporate organizations. Among the topics covered are:
introduction to business finance, valuation concepts and working capital management.
15 | P a g e
AFM 31040 Internship and Skills Development I
This course unit enables students to gain a practical knowledge of accounting, auditing,
taxation, finance and management in order to apply their conceptual understanding of
organizations in a real work setting.
16 | P a g e
AFM 41430 Forensic Accounting and Investigations
This course unit equips students with a skills-oriented approach to the practice of the
identification, detection and investigation of frauds in today’s business world. The students are
provided the opportunity to analyze documents, evaluate internal control and trace funds to
resolve accounting irregularities with an emphasis on fraudulent financial reporting. Thus,
forensic accounting and investigation help students to acquire technical skills and practical
knowledge in this growing career area.
17 | P a g e
AFM 41850 Research Report in Accounting and Finance
The objective of this course is to enable the student to carry out a research study under the
guidance of an academic supervisor. The student can decide on the research issue to be
addressed based on his/her area of interest, which should be related to the field of accounting.
Based on the prior knowledge obtained in research methodology the student is expected to
complete the study within the stipulated time frame.
18 | P a g e
BCM 20325 Business Communication III
This course has been mainly developed focusing on relevant soft skills which will be vital for
the professionals for their sustainable career development. Public speaking skills, personal
branding and business etiquette and negotiation and conflict resolution skills have been given
more thrust at this course with the objective of grooming the aspiring professional graduates
with the necessary skills that will add more value to their profession.
19 | P a g e
ICT 10130 Introduction to Information Technology
The aim of this course is to provide knowledge to operate computers and to impart skills to use
popular office applications which are essential to carry out day-to-day business activities. The
areas covered in this course are an introduction to computers and computer packages i n
Microsoft Office.
20 | P a g e
LAW 20225 Corporate Law
The objective of this course is it to equip students with the principles of Company Law in Sri
Lanka. This course consists of in-depth explanations of the provisions of the Companies Act No
07 of 2007 including provisions governing formation, status, different types, financing,
accounting, auditing, administration and liquidation.
21 | P a g e
MGT 20425 Marketing
This course unit provides students with the basic concepts and theories of marketing
management with more practical and specialized knowledge of the application of marketing
strategies, planning of marketing programmes and managing the marketing effort with special
reference to their application in the Sri Lankan context. The areas covered are introduction to
marketing, marketing environment, product strategy, branding, international marketing,
marketing communication strategy, marketing segmentation and positioning and strategic
marketing planning process.
22 | P a g e
QMT 10130 Business Mathematics
The aim of this course unit is to ensure that students acquire, understand and apply selected
mathematical and quantitative techniques that are used in decision-making in business.
Students should develop the ability to interpret the information gathered and present them in a
manner appropriate to a business environment. This will cover topics such as, algebraic
functions, break even analysis, basic principles of calculus and integration, time value of money,
depreciation and capital budgeting.
23 | P a g e
6.0 EVALUATION AND EXAMINATION
6.1.2. In addition to lectures, separate tutorial sessions will be conducted with respect to all
course modules. Tutorial sessions are important in both clarifying issues and recognizing the
assessment style of each course and therefore students are expected to participate in these
sessions regularly.
24 | P a g e
6.2.1.2. End Semester Examinations (ESE)
The End Semester Examinations are done through written examinations in a supervised
environment. The question papers will be set by the lecturer concerned and will be
moderated by a senior academic within or outside the SAB. The duration of the question
papers (if not stated otherwise) shall be a maximum of three hours. The answer scripts will be
marked by two marking examiners.
6.2.2. The course module of AFM 41850 Research Report in Accounting and Finance will be
assessed as follows:
Research Report 50% marks
Viva Voce Examination 50% marks
6.2.2.1. Phase I Research Report - The research supervisor who will be appointed by the Board
of Studies (BoS) will perform the first assessment with 50 percent marks. If the research
supervisor is satisfied with the progress made by the candidate, s/he will assign marks for the
AFM 41850 Research Report in Accounting and Finance and will inform the Registrar to call
the respective candidate for a Viva Voce Examination.
6.2.2.2. Phase II Viva Voce Examination - The candidate will make a presentation on the
research report s/he submitted under AFM 41850 Research Report in Accounting and Finance.
6.2.3. The Registrar will announce the presentation through a notice on the relevant noti ce
board inviting staff and students who are interested in taking part in the presentation. The
audience will have the opportunity to raise questions and get clarifications, if there are any.
6.2.4. The Board of the Viva Voce Examination shall be appointed by the BoS which will assign
marks for the presentation. The Board of viva voce examination shall consist of:
25 | P a g e
Director SAB
Research Supervisor
Independent evaluator of the research report, appointed by the BoS.
6.2.5. The final mark for the AFM 41850 Research Report in Accounting and Finance will be
arrived at by considering the marks assigned by the Research Supervisor and the Board of the
Viva Voce Examination.
6.2.6. The candidate who has earned a minimum of 40 percent marks out of the 50 percent
marks allocated for each phase I and II should deem to be considered securing a pass for AFM
41850 Research Report in Accounting and Finance.
6.2.7. AFM 31040 Internship and Skills Development I, AFM 31240 Internship and Skills
Development II, AFM 41640 Internship and Skills Development III and AFM 41940 Internship
and Skills Development IV will be assessed at the end of the respective semester. For this
purpose, the student trainee is expected to maintain a daily Training Record Book. The
Training Supervisor who will be appointed by the SAB will also be the mentor who will ensure
that the areas specified for that particular semester are adequately covered by the
undergraduate. The Training Supervisor will certify that the required training is undergone by
the respective student trainee under his/her supervision. The Training Supervisor will place
his/her signature in the Training Record Book to that effect.
6.2.8. SAB will maintain close rapport with the Training Supervisor in the industry where the
student trainee is undergoing training, ensuring that the appropriate training is given to the
student trainee. The performance of the student trainee shall be assessed by the training
supervisor at 40 percent marks.
26 | P a g e
6.2.9 The assessment of all four course units coming under the internship and skills
development programme is based on two main components;
6.2.9.1. Evaluation by the Training Supervisor (40% of the total)
6.2.9.2. Internship Report and Viva Voce Examination (60% of the total)
6.2.10 A student trainee should earn a minimum of 40 percent of the allocated marks for each
of the above two components mentioned under 6.2.9.1 and 6.2.9.2 to secure a pass for the
internship and skills development courses.
6.2.11 The viva voce examination will be assessed by a panel of members appointed by the
BoS. The panel of the viva voce will consist of;
Director SAB
Academic Supervisor (the academic staff member in charge of internship,
appointed by the SAB)
Independent evaluator of the internship report
6.2.12. In case the panel of the viva voce decides the internship training underwent by the
student trainee is substandard, he/she shall be informed of the deficiencies and will be given
an opportunity to correct such deficiencies within a period of three (3) months before the
commencement of the internship training of the next semester.
6.2.13. A candidate failing to complete the required training in a particular semester will be
considered as a repeat candidate for that particular course.
(Please refer the Internship and Skills Development Handbook of School of Accounting and
Business (SAB) for further details)
27 | P a g e
7.0 GUIDELINES FOR HANDLING CONTINUOUS ASSESSMENTS
7.1 Assignments for continuous assessment shall take the form of in-class tests,
presentations, projects, take home assignments, case studies, interviews/oral
examinations etc. and any such assignments shall be announced at the commencement of
the course and to be completed before the End Semester Examination.
7.2 For all types of assignments, an assignment guideline shall be issued which may include
essentially;
28 | P a g e
7.5.1.1 A deduction of 20% of marks from the total marks allocated for
that particular assignment, if the assignment is submitted within
two working days from the due date,
7.5.1.2 A deduction of 40% of marks from the total marks allocated for
that particular assignment, if the assignment is submitted within
five working days from the due date.
7.5.2 No assignment shall be accepted after the lapse of five working days from the
original due date. However, if a student submits the assignment after this date, it shall be
considered only on medical grounds and for very exceptional reasons approved by the
Board of Studies.
7.5.3 Medical certificates shall be accepted only in case of absence of classroom tests.
7.6.1 The dates for the assignments are notified at the beginning of each semester. It is
therefore, the responsibility of the student to sit for these tests and complete the
assignments on time.
7.6.3 All in-class assignments (such as mid-term exams, classroom tests, oral
presentations) are not repeated. However, if a student is unable to complete an in
class assignment due to any unavoidable circumstances, then he/she can request
the Registrar of School of Accounting and Business in writing for a make-up test.
7.6.4 Requests of this kind should reach the School of Accounting and Business with
supporting documents within one week of the original date of assignment or mid-
semester exam.
7.6.5 Students are advised, however, that the Director of School of Accounting and
Business and the lecturer concern makes the final decision concerning such
requests.
29 | P a g e
7.6.6 All make-up tests/assignments should be completed before the end semester
examination of the course
7.7.1 Students who have successfully completed their continuous assess ment
evaluations, but have not been able to complete the End Semester Examination of
a particular course (due to a genuine reason) can carry forward the marks obtained
at the continuous assessment until he/she successfully complete the End Semester
Examination of the course/s in question. The maximum period for which such
marks can be carried forward is three consecutive years.
30 | P a g e
8.0 BY-LAWS / EXAMINATION REGULATIONS OF THE BSc. (APPLIED
ACCOUNTING) GENERAL/SPECIAL DEGREE PROGRAMME
8.1 Introduction
These regulations set out the criteria and other conditions relating to examinations of the BSc.
(Applied Accounting) Degree conducted by the School of Accounting and Business (SAB) of CA
Sri Lanka. Any interpretations of these regulations shall be submitted to the Board of Studies
(BoS). The decision of BoS shall be final. These regulations shall be effective from the Academic
Year 2016 and thereafter.
Each course is assigned a credit value between 2.5 to 4.0. If the course carries three credit
values there will be 30 hours of lectures and 30 hours of tutorials. If the credit value assigned
for the course is 2.5, then the number of hours allocated for tutorials is 15.
31 | P a g e
credit values during a minimum period of three years. For the Special Degree s/he has to earn a
minimum of 121.5 credit values during a period of four years.
32 | P a g e
8.8 Grade Point Average (GPA)
The Letter Grade and the corresponding Grade Point Average (GPA) are arrived at by taking into
consideration the marks earned by the candidate. The GPA is the credit weighted arithmetic
mean of the Grade Point Values, i.e., the GPA is arrived at by dividing the total Credit Weighted
Grade Point Value by the total number of Credit Values.
The formula for GPA calculation is as follows:
𝑛
∑𝑛𝑖=1(𝐶𝑟𝑒𝑑𝑖𝑡 𝑉𝑎𝑙𝑢𝑒𝑠)𝑖
Where, i= a course and n = the total number of courses completed during the period
considered for the GPA calculation.
The following Table 03 illustrates the calculation of the GPA of a hypothetical student at the
end of the first semester of the degree programme.
Thus,
GPA = Total number of Grade Point Values Earned = 38.85 = 2.87*
Total number of Credit Values 13.5
* Decimals beyond two places are truncated, not rounded, in computing the GPA
33 | P a g e
8.9 Passing or Failing a Course
A candidate shall be deemed to have passed in a course if s/he obtains an overall average of 40
percent or above for the course, i.e., the candidate should earn a minimum of 40 percent of the
allocated marks for each component of Continuous Assessment (CA) and End Semester
Examination (ESE).
In cases where CA and/or ESE are not specified, 40 percent marks should be earned from the
total marks allocated under the specified assessment criteria of that particular course
A candidate shall not be permitted to take the end semester examination unless s/he has;
Put in at least 80 percent attendance at lectures and tutorials,
The Director of the SAB has certified that s/he has completed the course of studies
by attending the required proportion of lectures and tutorial sessions.
An undergraduate who does not put in 80 percent of attendance at lectures and tutorials may
produce a reason acceptable to the BoS.
The valid reasons for such absence are:
8.10.1 Serious ill health of the candidate: in such case the undergraduate shall submit a
medical certificate obtained from a Medical Officer.
8.10.2 Death of a close family member, (i.e., parent, sibling, spouse or child): the death
certificate along with documentary evidence to show the relationship with the deceased
should be submitted.
The relevant documents explaining the valid reason/s should be submitted to the Registrar of
the SAB before the submission of the exam application form.
34 | P a g e
These documents should be submitted to the Registrar within 14 days from the date of
examination of the respective paper/s.
If a candidate is absent for the End Semester Examination, the following symbols shall be
indicated appropriately in the Semester/Final result sheet.
If the absence is without a valid reason either for ESE or/and CA, the student shall be given a
‘00’ (zero) mark. Such candidates shall sit the ESE and/or CA on the next immediate occasion
s/he gets and s/he will be entitled to a maximum of 40 percent mark, i.e., a ‘C’ Grade.
A student may withdraw from a course at any time during the semester on valid medical
grounds with documentary proof presented to the Registrar of SAB to be approved by the
Board of Studies.
A student who obtains a grade of ‘D’ or ‘E’ shall repeat that course in a subsequent semester. In
such cases the mark to be taken into consideration in determining the award of classes shall be
‘C’ grade (2.00 grade point) irrespective of the actual mark obtained, even if the actual mark
scored is higher.
A student who earns either a grade of ‘C-‘ or ‘D+’ in a particular course may sit the repeat
examination for the purpose of upgrading. The highest grade attainable in this instance would
be a ‘C’ (40 percent marks). In the event of a student earning a lower grade, the previous grade
would be upheld.
35 | P a g e
8.12 Release of Results of the End Semester Examination
End Semester Examination results will be released to the candidates within eight weeks from
the last day of the examination.
A student shall qualify for the award of the BSc. (Applied Accounting) General/ Special degree,
if s/he has:
8.15.1 completed a minimum of 96.5 credit values for the General Degree and 121.5
credit values for the Special Degree,
8.15.2 earned a minimum GPA of not less than 2.00 for each semester,
8.15.3 earned a minimum overall GPA of 2.00 for the entire degree programme and no
fail grades of either D or E,
8.15.4 has no more than one poor grade of C- or D+ per semester (thus the total
number of poor grades of C- or D+ should not exceed six for the General Degree
and eight for the Special Degree).
8.15.5 fulfilled all the requirements given above, within a maximum of six academic
years for the General Degree and eight academic years for the Special Degree
from the year of first enrolment in SAB.
36 | P a g e
8.16 Award of Classes
8.16.1.1. secured at the first attempt an overall GPA of not less than 3.70 for the entire
degree programme,
8.16.1.2. has earned grades of A+, A or A- for at least half of the courses offered in the
degree programme,
8.16.1.3. has earned grades above C for all courses,
8.16.1.4. has fulfilled all of the above requirements within three (General) or four
(Special) academic years from the first year of enrolment.
A student may qualify to be awarded the Degree of BSc. (Applied Accounting) General/Special
with a Second Class (Lower Division) (Honours), if s/he
37 | P a g e
8.16.3.1 secures at the first attempt an overall GPA of not less than 3.00 for the entire
degree programme,
8.16.3.2 has earned grades of B or above for at least half of the courses offered in the
degree programme,
8.16.3.3 has not earned more than two poor grades (i.e., C- or D+) for the entire degree
programme,
8.16.3.4 has fulfilled all of the above requirements within three (General) or four
(Special) academic years from the first year of enrolment.
38 | P a g e
9.0 EXAMINATION REGULATIONS
9.1.1 Candidates should be present at the examination hall fifteen (15) minutes before the
commencement of an examination and shall enter the examination hall at the request
of the Supervisor.
9.1.2 Candidates should occupy the seats carrying their respective Index Numbers or a s
allocated by the Supervisor.
9.1.3 Candidates are permitted to take only pens, pencils, erasers, rulers, mathematical
instruments, and such other essential articles or material authorized by the Supervisor,
to the examination hall. No candidate is allowed to bring in any written paper or notes
or any other item, which may be misused at the examination.
9.1.4. No candidate is allowed to enter the examination hall after thirty (30) minutes have
elapsed from the commencement of the examination, and no candidate is permitted to
leave during the last fifteen (15) minutes of the examination
9.1.5 Candidates must bring his/her examination admission card and Student Identity Card to
the examination.
9.1.6 A Candidate shall surrender any document, written item or stationary in his/her
possession, when requested to do so by the Supervisor.
9.1.7 No candidate shall ask any other candidate for anything, copy anything written by any
other candidate or speak to or otherwise communicate with any other candidate.
9.1.8 A candidate shall use only the answer books and sheets of paper issued each day for the
purpose of the examination.
9.1.9 Writing paper such as answer books, graph papers, ledger and journal sheets shall be
issued to candidates as required. Candidates are advised not to tear, fold, crumple or
damage any item of stationery issued to them.
9.1.10 A candidate shall use only the stationery issued to him by the Supervisor and shall leave
on his/her desk, his/her answer scripts, mathematical tables or any other returnable
material issued to him/her before he/she leaves the examination hall.
39 | P a g e
9.1.11 Before answering the question paper, candidates should write his/her index number
and the name of the examination in the relevant space in the answer book. The index
number should also be written in all other sheets used for answering questions. No
candidate should write his /her name or make any identification mark on the answer
book. It should also be noted that using the index number of another is an examination
offence.
9.1.12 All papers used for rough work should be crossed with a line and attached to the answer
book.
9.1.13 All candidates should maintain strict silence both inside and outside the examination
hall and not disturb the supervisor, invigilators and other candidates.
9.1.14 Except for a practical or field note book or assignment written by himself/herself, no
candidate is allowed to submit any other document written partly or wholly by someone
else, with the answer scripts.
9.1.15 Impersonation of any kind is strictly prohibited
9.1.16 The Supervisor or the Invigilator may obtain a written statement from a candidate in
respect of any matter that occurs in the examination hall. A candidate shall not decline
to make such statement or to place his/her signature on such statement.
9.1.17 A candidate shall remain seated in his/her seat till all the answer scripts are collected,
and shall hand over his/her answer script only to the Supervisor or an Invigilator.
9.1.18 Candidates must make sure that they do not have any document, note or device in their
possession which can be misused at the examination. They must also ensure that they
do not engage in any act that may lead to any suspicion of misconduct at the
examination
40 | P a g e
appropriate punishments on the offenders. The Table 04 lists out the type of offence and the
punishments recommended by the Board of Studies of SAB of CA Sri Lanka.
41 | P a g e
Type of Offence Recommended Punishments
Gaining illegal access or Cancellation of examination candidacy and imposing any other
attempting to gain such punishment considered appropriate by the Board of Studies.
access to the content of a
question paper.
Aiding and abetting Cancellation of examination candidacy and imposing any other
examination malpractices and punishment considered appropriate by the Board of Studies.
receiving assistance to
commit such malpractice.
Attempting undue influence Any punishment prescribed by the Board of Studies.
on examination supervisors
and other officials.
Being guilty of an Cancelation of registration as a student of the SAB of CA Sri
examination offence for the Lanka.
second time.
42 | P a g e
10.0 ACCREDITATION
The BSc (Applied Accounting) General/Special degree programme has been accredited by the
following institutions.
This accreditation allows the students who have completed two years of the BSc (Applied
Accounting) degree to enter into one of the following models;
10.2.1 A two + one year model where students complete two years of the BSc (Applied
Accounting) degree programme with CA Sri Lanka and then spend nine months in
Australia completing the undergraduate degree. This model has an option of providing
students with post study work rights (PSWR) in Australia.
OR
10.2.2 A two + two and a half year model where students complete their undergraduate
degree and subject to meeting minimum entry requirements, get preferential entry
through a streamlined process to complete a Master’s degree in one and a half years
with PSWR in Australia.
43 | P a g e
10.3 CPA Australia
This accreditation allows students who have completed the BSc (Applied Accounting) General
degree programme to enter the CPA programme as an Associate member of CPA Australia.
44 | P a g e
11.0 THE LEARNING ENVIRONMENT AND FACILITIES PROVIDED FOR STUDENTS
11.2 Library
The students of SAB will have access to the CA Sri Lanka library which consists of a lending
section, a reference section, an e-learning section and a newspaper section. Currently, the CA
Sri Lanka library caters to the needs of more than 15,000 members and students, housing a
wide range of books relating to Accounting, Auditing, Management, Economics , Commerce,
English Language, Taxation, Law, and ICT, etc. In addition a web-based online library system is
also in operation which facilitates online searching, checking the availability of books,
reservations, extending and a host of other in-house library services.
There will be a Students’ Society formed after registering students at SAB. Various student
activities will be carried out either independently or with Practising Accountants Chartered
Students’ Society (PACSS), which is the student body of CA Sri Lanka. Within this student
society there will be 3 to 4 student representatives appointed to provide feedback to the
Head of the Department regarding the teaching-learning processes. Any issues arising with
the academic staff and with the students will be dealt with by the Head of the Department
with the relevant academic staff members and the students.
Any students who need special help due to mental stress could be directed for counselling
services provided by an institute such as ‘Sahanaya’, which is the National Institute for Mental
Health. Any examination-related grievances will be directed to the Board of Studies by the
Head of Department. Further, the students also have the opportunity to meet relevant course
lecturers personally. A few hours from each lecturer’s timetable are allocated for this purpose.
Within these consultation hours, the students can resolve their issues.
46 | P a g e
At present there are over 700 approved training organisations comprising banks, insurance
companies, multinationals, hotels, plantation companies and leading practising firms. The
training organisations are a key stakeholder group of CA Sri Lanka with whom CA Sri Lanka
maintains a good working partnership.
12.3 Scholarships
Student scholarships will be granted on the following basis:
Year 1 5% of the intake
Year 2 10% of the intake
Year 3 15% of the intake
Year 4 20% of the intake
In addition, special educational loans and easy payment schemes are available for students
who require assistance with funding.
47 | P a g e
represented by their student members and this is one of the major events for the students.
The students’ society of SAB can also collaborate with the students of PACCS to carry out
this activity.
Sports Facilities
There is an annual inter audit firms sports meet organized by the Practicing Accountants
Chartered Students’ Society (PACSS). Annual sports tournaments are conducted in cricket,
football, swimming, marathon, basketball, netball, table tennis, carom, volleyball and
badminton.
An annual Awards Night is organized by the students to recognize the winners and
participants in these sports activities. The Student Society of SAB can work together with
the students of PACSS in sport activities.
Indoor recreational facilities will be provided for the students and the staff of the SAB.
Carom, Badminton, Chess, Table Tennis and a Gymnasium will be established in the new
building complex for the use of the students and members of the CA Sri Lanka
48 | P a g e
13.0 THE STAFF OF SCHOOL OF ACCOUNTING AND BUSINESS
Director
Dr. T.B. Andarawewa
BSc. (Bus.Admin.) (Sp) (USJP), MBA (PIM), PG Dip. in. (Local Govt. & Devolution of Power)
(Col), D.Mgt. (hc) (RUSL)
Registrar
Mr. S N W M Wijerathna Banda
BCom (Special) (Peradeniya), PGDE (Peradeniya), MEd (Peradeniya), MBA in HRM (PIM),
Diploma in Counselling and Guidance (SLFI)
49 | P a g e
11. Dr. Chathura Rajapaksha - BSc (Sp) in Industrial Management (Kln); Master of Engineering
(Japan), PhD (Japan)
12. Dr. Hilary E Silva - BCom (Sp.) (SJP); PGDip. (Business Analysis); (Lancaster); MA
(Accounting and Finance) (Lancaster); PhD (SJP)
13. Dr. Janaka Wijenayake - BSc. (Kelaniya), MSc., PhD. (Tokyo Institute of Technology-
Japan)
14. Dr. K.A.S.P. Kaluarachchi – BCom (SJP); MBA (Col); PhD (Japan); CTHE (Col); LICA; MAAT
15. Dr. M. Ganeshamoorthy - BA Honours (Peradeniya); MA, DED(Colombo), PhD (Netherlands)
16. Dr. Madhu Fernando - DBA (Australia); Master of Engineering (Australia); PMI (USA)
17. Dr. Maduka Udunuwara – BCom; MBA (PIM); PhD (Australia)
18. Dr. N.N.J. Nawaratne - BSc. (Bus. Ad.)(USJP), MBA, PhD., (KEIO, Japan)
19. Dr. Nihal Hennayake - BA (Econ.), MA (Econ) (Col), MCom.(Kelaniya), MA (Econ) (Japan),
PhD. (Japan)
20. Dr. P G S A Jayarathna - BSc in Marketing Management (SJP); MSc in Management (SJP);
MPPS (Tokyo); PhD in Business and Management (UK)
21. Dr. Pradeep Dharmadasa - BSc. (Bus.Ad.)(USJP), MBA (Col), PhD. (BOND- Aus.)
22. Dr. Prathibha Mahanamahewa - LL.B (Honours) (Col), LL.M (Honours) (Melbourne,
Australia) PhD (Queensland, Australia)
23. Dr. Ruwan Wickramarachchi - BSc. (Industrial Management) (Kelaniya), MPhil and PhD.
(UK).
24. Dr. Sunil Jayantha Nawarathne - BSc (Business Admin) (SJP), Masters in Economics
(Japan), PhD (Tokyo, Japan)
25. Dr. W G S Kelum - MSc. (Finance & Econ.)(Leningrad); PhD (Accountancy) (Leningrad)
26. Dr. W V A D Karunarathne – BBMgt (Acc) (Kln); PGD in Bus Stat (SJP); MCom (Kln); PhD
(China)
27. Mr. Arjun De Silva – BSc (Information Systems) (SJP); MBA (PIM); Passed Finalist of
AATSL
28. Mr. Asanka Weerasooriya - BSc (Statistics and Computer Science) (Kln), Master of
Information Technology (Col)
50 | P a g e
29. Mr. Chandima Liyange – BSc (Industrial Management) (Kln); Reading for MBA (Kln)
30. Mr. Chula Bandara - LLB (Hons) University of Colombo, Attorney at Law.
31. Mr. G M Sujeewa – BBMgt (Acc) (Kln); MSc in Finance (SJP); Passed Finalist of the
Institute of Chartered Accountants of Sri Lanka
32. Mr. Gayan Mapitiya - BSc. (Acc)(SJP); ACA; Reading for MBA (PIM-SJP)
33. Mr. Gayan Wickramasinghe - BSc. (Eng.) (UoM), MBA (INDIA), MBCS (UK), MIET (UK).
34. Mr. H M Roshan W Herath - BSc. Accounting (Special) (SJP)
35. Mr. Isuru Manawadu - BSc. Special (Accounting) SJP; ACA (CA Sri Lanka)
36. Mr. K V Aruna Shantha - BSc. (Finance) (SJP); LICA
37. Mr. M Ramesh Rajasuriya– BSc. Maths (Col), MSc. (Ind. Maths)(USJP)
38. Mr. N. Chandrathilake - LLM (UK); LLB (UK); PGDip in Law (UK)
39. Mr. Rangajeewa Herath - BSc. (Accounting & Finance) (SJP); MBA (PIM, SJP); Passed
Finalist of the Institute of Chartered Accountants of Sri Lanka
40. Mr. Roshan Ruvendra - BSc. (Physical Sc.)
41. Mr. S Sasidaran – BCom (Col); MEcon (Col); CTHE (Col)
42. Mr. Saman Bandara - BBMgt (Acc) (Sp.) (KLN); MBA(CBO); ACA
43. Mr. Sanjaya Bandara - BSc(Acc) (SJP); MBA (Col); FCA; ACMA
44. Mr. Upendra Wijesinghe - BSc. (Accountancy) (USJP), ACCA, ACA, ACMA (UK), ACMA,
ACPM, ACIM (UK)
45. Mr. W.A Sajitha Dishanka - BCom (Col); MBA (Col); Reading for PhD (Tokyo, Japan);
CTHE(Col)
46. Mr. W.A.S.P Weerathunga - BSc (Math Sp) (Col); MA (Econ) (Col); MSc (App. Stat) (Col);
CTHE (Col)
47. Mr. W.G. Pemaratne – BBA. (Bus.Ad.)(USJP), PGD in Bus.Mgt. (Col), MCom. (Kelaniya).
48. Ms. C.K.W. Dahanayake - BA (Col); MA in Linguistics (Kln)
49. Ms. Kulna Weerakkody – BIT (Col); Reading for Masters in Business Management (Col)
50. Ms. Nalini Mahesan - B.A (English) (Col); M.A(Linguistics)(KLN)
51 | P a g e
ANNEXURE 1
The General Guidelines in relation to the Format of Written Continuous Assessments
All written continuous assessments shall be in A4 (8.27’’ x11.69’’) size paper and
typewritten on one side of the paper only.
o Margins: One inch on all sides (top, bottom, left, right)
o Font Size and Type: 12–pt. Times New Roman
o Line Spacing: 1.5
o Alignment: Justified
o Do not indent paragraphs – leave a blank line between two paragraphs
Page numbers may be placed at the center of the bottom of the page. Page numbers must
fall within the printable area of the page. Page numbers must appear in the same place
throughout the document. Usually a page number is not placed on the cover page.
Tables and Figures should be formatted in a consistent way and the same type(s) and size(s)
of fonts should be used in all tables and figures if possible. In all cases, any text used in a
table or a figure must be legible.
The specimen of the cover page is given in Figure 1.
52 | P a g e
Figure 1: Continuous Assessment Cover Page Specimen
A Report
In 16
By
point
Times
Ms. Amali Perera
New
(Full Name as given in the official records of SAB) Roman
font
(SAB/BSc/2013/25) type
In 16
point
School of Accounting and Business Times
New
The Institute of Chartered Accountants of Sri Lanka Roman
font
20th July 2015 type
53 | P a g e
(Date of Submission)