INSUBCONTINENT EXCLUSIVE:
The first group of Sri Lankan public sector accounting and auditing experts participated in Sri Lanka Public Sector Accounting Standards
11-20 through a training by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) and its public sector wing, the Association
of Public Finance Accountants of Sri Lanka (APFASL)
Government, through its development arm-- the U.S
Agency for International Development (USAID)-- supported the training under its Partnership for Accelerating Results in Trade, National
Expenditure, and Revenue (PARTNER) activity.The first 50 of an overall 600 public sector accounting professionals and auditors learnt more
about the standards, which offer a structure for preparing and providing financial declarations under the accrual accounting system in line
with global finest practices
The partnership of USAID, CA Sri Lanka, and the APFASL will likewise train 1,200 public sector workers on the reliable application of IT
systems for data management, analysis, and strategic decision-making
As one of the nations longstanding development partners, we are committed to assist enhance and enhance Sri Lankas public financial
management practices and thereby its path to recovery, USAID Sri Lanka and Maldives Mission Director Gabriel Grau said at the inaugural
Further strengthening abilities and competencies of crucial accounting and auditing professionals can help add to this long-lasting goal
through improved monetary analysis, planning, and management
In his opening remarks, Mr
Kanagasabapathy, President of APFASL, stated: Strong public monetary management is necessary to attain the long-term goals of any nation,
for that reason, in our standing as the general public sector wing of CA Sri Lanka, APFASL has actually taken tremendous pride in being a
catalyst in helping enhance the public monetary management practices in Sri Lanka
We are thrilled that the U.S
Government has actually acknowledged our important work and is supporting our efforts to help public sector accounting and auditing experts
Heshana Kuruppu, CA Sri Lanka Vice President said, The public sector in Sri Lanka is thought about to be big in comparison to the size of
our economy, using roughly 1.5 million people
This sector likewise holds the key to helping change the lives of 22 million people
Outstanding public monetary management will play an important function in achieving this important goal and enhance productivity of the
As the national body of accounting professionals, CA Sri Lanka together with APFASL are devoted to assisting the public sector contribute
successfully to the economy
The launch of this landmark program with USAID belongs to our continuing efforts to achieve this crucial goal
USAIDs PARTNER assists assist in trade and reinforce government efficiency to sustain broad-based financial development in assistance of the
Government of Sri Lankas vision for financial advancement and enhanced international trade
This project is one element of the longstanding collaboration in between the American and Sri Lankan people to promote a healthy, informed,
To discover more about USAIDs work, please see usaid.gov/ Sri-Lanka.-- U.S
