Department of Accounting of Faculty of Management Studies and Commerce extended their Memorandum of Understanding (MOU) for a second term of three years with Association of Chartered Certified Accountants (ACCA), United Kingdom (UK on Thursday, 30^th November 2017 at the premises of University of Sri Jayewardenepura.

The ACCA, founded in 1904 and incorporated by Royal Charter in 1974, is the largest and fastest-growing global professional accountancy body that has 198,000 members and 486,000 students in 181 countries. ACCA enjoys statutory recognition in the United Kingdom, the European Union and many other countries worldwide.

Under this MOU, the Department and ACCA agree to mutually collaborate in the areas of research in accounting, training of students, professional development of staff and students and promotion of programmes. Further, the two institutions agree jointly to recognize the most outstanding student of the Department of Accounting, University of Sri Jayewardenepura through the presentation of an award at the annual convocation or graduation ceremony of the University.

Prof. Sampath Amaratunge, Vice Chancellor, University of Sri Jayewardenepura signed the MOU on behalf of the University of Sri Jayewardenepura and Nilusha Ranasinghe, Head of ACCA Sri Lanka signed the MOU on behalf of ACCA.

Dr. A. H. N. Kariyawasam, Head, Department of Accounting, Prof. (Ms.) Samanthi Senaratne, Dr. A. S. P. G. Manawaduge, Dr. A. R. Ajward and Mr. H. M. R. W. Herath from Department of Accounting and Ms. Dilani Perera, Business Relationship Manager Learning  and Mr. Amrith Thilan, Education Executive,  from ACCA Sri Lanka participated in the event.

Department of Accounting, with the association of globally recognized professional bodies, strives to uplift the quality of their degree program and be the leaders in producing competent young professionals to the challenging global industry.