The AICPA and CIMA have signed a three-year memorandum of understanding (MoU) with the Sri Lanka Institute of Directors (SLID) to boost finance and governance capabilities within Sri Lanka’s corporate and finance community.
Under the MoU, the two bodies will jointly organise workshops and targeted events.
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These sessions are intended to provide professionals at different seniority levels with tools and perspectives on finance and corporate governance relevant to an increasingly digital and complex business setting.
This arrangement is in response to the rising need for professionals with stronger expertise in finance, governance and board leadership.
AICPA and CIMA Sri Lanka country manager Tharindu Wijewardana said: “We are pleased to partner with SLID to strengthen Sri Lanka’s finance and governance ecosystem.
“This collaboration will empower both CIMA and SLID members – from C-Suite leaders to emerging professionals – with the skills and competencies needed to thrive in a rapidly changing environment.”
The partnership also introduces reciprocal membership pathways.
CIMA members will be able to use SLID’s Board Leadership Director Certification Programme as an accelerated route to SLID membership.
SLID members, meanwhile, will be eligible for the Global C-Suite Business and Finance Programme, offering a route to become Chartered Global Management Accountants (CGMA designation holders) and CIMA members.
Both parties stressed that applicants must still satisfy the usual membership criteria of each professional body.
SLID CEO Anitra Perera said: “This collaboration with AICPA and CIMA represents a strategic step in strengthening the link between financial expertise and effective boardroom governance in Sri Lanka.
“As organisations navigate increasing complexity and digital disruption, the need for leaders who combine strong financial insight with sound governance and strategic oversight has never been greater.
“Ultimately, this initiative is about strengthening leadership capacity at every level, ensuring that Sri Lanka’s business community is equipped to drive sustainable growth, uphold governance excellence and compete confidently on a global stage.”
Recently, the Institute of Chartered Accountants of Sri Lanka launched the Faculty of Business Law & Regulatory Compliance to address the growing role of chartered accountants in governance and regulatory affairs.
