The Association of Chartered Certified Accountants (ACCA) and the Colombo Stock Exchange (CSE) have signed a Memorandum of Understanding (MoU) to collaborate on offering ACCA educational courses through CSE branches. This initiative includes a Capital Market Module, co-branding the educational courses with ACCA and CSE, and providing access to ACCA’s professional development and learning resources.
The partnership aims to explore and create new pathways for students to further their education and enhance their careers in accountancy and finance through joint marketing activities at regional levels. Additionally, the initiative seeks to improve the employability of students through capacity-building initiatives.
The MoU was signed by ACCA Head of South Asia Nilusha Ranasinghe and CSE CEO Rajeeva Bandaranaike. The signing ceremony was attended by ACCA Business Development Manager Ruchera Jayawardena, ACCA Business Relationship Manager Dilani Perera, CSE Senior Vice President Marketing Niroshan Wijesundere, CSE Legal Officer Legal and Enforcement Uthpala Dissanayake, and CSE Senior Vice President Legal, Enforcement, and Compliance Lankesha Molligoda.
Bandaranaike emphasized the importance of financial literacy, stating, “Improving financial literacy has a direct impact on financial markets. Hesitancy to enter the capital market often stems from a lack of understanding. Partnerships like this are vital in providing valuable information and knowledge, making it readily available to those interested. We welcome this initiative, as it benefits both our institutions and the industries we serve.”
Ranasinghe added, “At ACCA, we believe that collaboration is the cornerstone of progress. This partnership with the CSE is a testament to our unwavering dedication to supporting the national agenda and contributing to the economic resilience of Sri Lanka. We look forward to a fruitful and impactful collaboration with the CSE and are confident that this MoU will pave the way for many successful initiatives in the years to come.”