The Institute of Chartered Accountants of Bangladesh (ICAB) is the national professional accounting body of Bangladesh established on 6th January 1973 under the Bangladesh Chartered Accountants Order, 1973 (Presidential Order No 2 of 1973). The Ministry of Commerce, Government of the People’s Republic of Bangladesh is its administrative Ministry.

The mission of ICAB is to provide leadership in the development, enhancement and coordination of the accountancy profession in Bangladesh in order to enable provision of services of consistently high quality in the public interest.
To achieve the mission, ICAB:

• To ensure that ICAB members play a pivotal role in meeting the ever-changing global economic demands dominated by WTO regime.
• To anticipate, meet and exceed the rising expectations of the society
• To ensure that ICAB plays an effective role as a regulatory body to equip its members sitting at the heart of business/economy with top quality education, skills and values.
• To ensure that ICAB members continue to enjoy credibility and trust in the eyes of the society and regulate by providing professional services of the highest standards and with unquestionable integrity, honesty and independence
• To ensure that the ICAB students are adequately trained in quantity and quality so that there is hardly any demand and supply gap for chartered accountants in Bangladesh in both quantitative and qualitative term.

The Council of ICAB is the supreme authority responsible for the administration and management of its affairs. The Council is composed of 20 members elected by the members of ICAB from its two regional constituencies in Bangladesh every three years. The Council of ICAB is headed by an elected President, who is the Chief Executive. The President and the Vice-Presidents are elected by the Council every year to administer the affairs. The Council is assisted by various Standing and Other (non-standing) Committees. For the purpose of assisting the Council in matters concerning its functions, the Council is empowered to constitute Regional Committees. At present, there are two Regional Committees in Dhaka and Chittagong and one UK- based Chapter in London.

ICAB has consistently gained strength in terms of magnitude of its membership as the size of its membership grew from 78 at its inception to 806 as on 30th June 2006. Also over 2,335 students in Bangladesh are pursuing ICAB’s qualification at present.

ICAB is an active member, apart from SAFA, of various other international and regional accounting bodies like the International Federation of Accountants (IFAC), International Accounting Standards Board (IASB) and Confederation of Asian and Pacific Accountants (CAPA). ICAB’s contribution in the pursuits of SAFA has been acknowledged through conferment of its Presidency in the years 1988, 1995 and 2002. ICAB has also hosted the meetings and other events of SAFA, the details in respect of which appear elsewhere in the instant publication.
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The Institute of Cost and Management Accountants of Bangladesh (ICMAB), an autonomous professional body under the Ministry of Commerce, Government of People's Republic of Bangladesh is the only Institution in the country dedicated to Cost and Management Accounting education and research.
In 1961, a branch of "Pakistan Institute of Industrial Accountants " was set up at Dhaka. After the independence, the body was rechristened as "Bangladesh Institute of Industrial Accountants" in 1972. In 1977, it was renamed as "The Institute of Cost and Management Accountants of Bangladesh" by the Ordinance known as "Cost and Management Accountants Ordinance, 1977 (Ordinance No. LIII of 1977)". ICMAB has, apart from the Ordinance of 1977, is regulated by the Cost and Management Accountants Regulations, 1980 (as amended upto date).

The Institutes' mission is to develop, equip and promote cost and management accountancy profession by maintaining highest professional standard of its members in order to enable them to provide better services to the society.
The Institute is entrusted with the formulation and implementation of national accounting standards as well as cost accounting guidelines and takes other necessary steps with a view to regulating the cost and management accountancy profession commensurate with global standard with the ultimate objective of developing Bangladesh's human and natural resources to ensure common welfare and to enrich our shared future.

Provision of world-class management accounting services to the society at large and to the employers in particular by providing well educated and well trained members and keeping them updated throughout their active lives.

ICMAB’s activities are guided by its following objectives:
• regulate and develop the Cost and Management Accounting (CMA) profession in Bangladesh,
• confer highest professional degree in Cost and Management Accounting,
• impart education and training to the members, corporate managers and intending students of CMA for enhancing their capability in the field of Cost and Management Accounting,
• develop knowledge, skills and competence of the CMAs needed for economic development of the country,
• help adoption and implementation of International Accounting Standards (IAS) in Bangladesh,
• help implement statutory Cost Audit as provided in the Companies Act, 1994,
• conduct research in the field of Cost and Management Accounting in order to promote and develop the profession.

ICMAB is managed by a national Council constituted under the Cost and Management Accountants Ordinance, 1977. The Council is composed of a total of 16 members - 12 Fellows elected by the general members and four nominees of the Government, not below the rank of Joint Secretary/Professor, representing the Ministry of Commerce, Ministry of Finance, Ministry of Industries and Dhaka University for a three-year term. The Council elects one President, two Vice-Presidents, one Secretary and one Treasurer on annual basis to manage and run the affairs of the Institute. The Council is assisted by fourteen functional committees formed to function in varied areas.

ICMAB has consistently gained strength in terms of magnitude of its membership as the size of its membership grew from 143 as on 1st January 1985 to 727 as on 1st January 2006. Also over 11,964 students in Bangladesh are pursuing ICMAB’s qualification at present in comparison to 2,704 students as on 1st January 1985.

ICMAB is an active member, apart from SAFA, of International Federation of Accountants (IFAC) and Confederation of Asian and Pacific Accountants (CAPA). In the years 1991, 1998 and 2005, the ICMAB’s representatives served SAFA as President.
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The Institute of Chartered Accountants of India (ICAI) is a statutory body established under the Chartered Accountants Act, 1949 (Act No. XXXVIII of 1949) for the regulation of the profession of chartered accountancy in India. During its more than fifty seven years of existence, the Institute has achieved recognition as a premier accounting body in the country for its contribution in the fields of education, professional development, maintenance of high accounting, auditing and ethical standards.

ICAI mission foresees that the Indian Chartered Accountancy Profession will be the valued Trustees of World Class Financial Competencies, Good Governance and Competitiveness.

• Recognise the changes in Economy/Business Environment such as focus on value, dynamic business and organization structures, developments in Information Technology and Telecommunication, new Government policies, globalisation of business and competitive pressures.
• Recognise the path to success by adapting to the changes, knowledge management and acquiring skills to work with future environment influenced by technical and other changes.
• Recognise the opportunities for Chartered Accountants in the emerging areas such as new audit and assurance needs, performance measurement serviceschange management services, strategy management, general practice specialization and servicing global organizations.
• Recognise the Institute’s role as a proactive, innovative and flexible organization, in equipping Chartered Accountants with top quality.

ICAI’s prime functions are prescribing qualifications for membership, holding examination and arranging practical training of candidates, enrollment of members, publication and maintenance of register of members qualified to practice the profession, carrying on activities for development of the profession and regulation and maintenance of status and standard of professional qualification of the members. The Institute conducts examinations all over the country, provides postal coaching, oral coaching and arranges practical training, enabling students to qualify for the profession. It also organises seminars, workshops etc., and provides library facilities. It conducts research and brings out handbooks and pamphlets on the subject of direct interest to the profession. It explores the opportunities for employment of its members. In addition, it issues certificates of practice to its members and exercises disciplinary Jurisdiction as quasi-judicial authority over their profession and their conduct. The Institute coordinates with Universities on shaping their accountancy curriculum linked with the Chartered Accountancy course. It also publishes a monthly journal titled “The Chartered Accountant”.

In addition to regulating the profession, ICAI is a national standard setting body in India and the National Accounting Standards are given statutory recognition under various statutes. The Indian Accounting standards have almost been harmonized with the International Accounting standards. In addition, the ICAI also issues from time to time various Guidance notes, monographs, etc. for the guidance of its members on various new issues.

The ICAI also issues Auditing & Assurance Standards (AAS) codifying the audit practices to be followed by the members of the Institute, whenever an audit is carried out. The AASs are mandatory in nature. The ICAI has issued 32 AAS so far which meet the international benchmarks and expectations.

The affairs of the Institute are managed by the Council in accordance with the provisions of the Chartered Accountants Act, 1949 and the Chartered Accountants Regulation 1988. The Council consist of 40 members of whom 32 are elected by the Members and remaining 8 are nominated by the Central Government to represent the Comptroller and Auditor General of India, Central Board of Direct Taxes, Department of Company Affairs and other stakeholders. The Council functions through three Standing Committees and 16 Non Standing Committees for carrying out the provisions of the CA Act.

In terms of the Chartered Accountants Act, 1949, the President is the Chief Executive Authority of the Council. The Secretariat of the Institute is headed by the Secretary who is in-charge of the office of the Institute as its Executive Head. The activities of the Institute have been broadly divided into four parts comprising of Technical directorate, CPE Directorate, Board of studies and the Administration, each one headed by the separate head. The other important wings of the Institute are the, Disciplinary Cell, Members and Students Services, International Affairs, Research, Auditing Practices, Accounting Standard Board, Expert Advisory Cell, Trade Laws & WTO, Insurance etc. The Institute has also set up ICAI Accounting Research Foundation under section 25 of the Companies Act.

ICAI’s total membership is about 130,000 and over 265,000 students are pursuing the Chartered Accountancy course. Out of the total members, nearly 70% are in practice. Among the members in government, industry, banks, financial institutions, private enterprises etc, a significant number of members occupy eminent positions in their respective organisations such as Chairman of regulatory body, Chairmen of banks, Chairmen & Managing Directors of reputed enterprises, Executive Directors of innumerable enterprises/organisations. ICAI’s members are also considered to be very competent even in the foreign countries as is evident from the positions they are occupying in all major cities of the world. Presently, there are about 4000 members residing abroad.

ICAI is an active member, apart from SAFA, of various other international and regional accounting bodies like the International Federation of Accountants (IFAC), International Accounting Standards Board (IASB), International Innovation Network (IIN) and Confederation of Asian and Pacific Accountants (CAPA).
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The profession of Cost and Management Accountancy was established by a special act of Parliament namely, the Cost and Works Accountant Act, 1959. The Institute of Cost and Works Accountants of India (ICWAI) was established in 1944 and was registered as a company under the Companies Act with the objectives of promoting, regulating, and developing the profession of Cost Accountancy. It has since been continuously contributing to the growth of the industrial and economic climate of the country. ICWAI is the only recognized statutory professional organization and licensing body for Cost and Management Accountancy in India.

The Institute stands for the following ideals:
• Developing Cost and Management Accountancy profession
• Developing the body of members and properly equip them for functions
• To ensure sound professional ethics
• To keep abreast of new developments

ICWAI vision is to be a globally leading Institute to promote Cost and Management Accountancy profession.

ICWAI functions with the following objectives:
(a) To develop the Cost and Management Accountancy function as a powerful tool of management control in all spheres of economic activities,
(b) To promote and develop the adoption of scientific methods in cost and management accountancy,
(c) To develop the professional body of members and equip them fully to discharge their functions and fulfill the objectives of the Institute in the context of the developing economy,
(d) To keep abreast of the latest developments in the cost and management accounting principles and practices, to incorporate such changes are essential for sustained vitality of the industry and other economic activities,
(e) To exercise supervision for the entrants to the profession and to ensure strict adherence to the best ethical standards by the profession,
(f) To organise seminars and conferences on subjects of professional interest in different parts of the country for cross-fertilisation of ideas for professional growth,
(g) To carry out research and publication activities covering various economic spheres and the publishing of books and booklets for spreading information of professional interest to members in industrial, education and commercial units in India and abroad.

Under the provisions of the Cost and Works Accountants Act, 1959, the Council manages the affairs of the Institute. The Council consists of 12 persons elected by members of the Institute and 4 persons nominated by the Central Government. The Council constitutes the following standing Committees amongst its members, namely:-
(i) Executive Committee
(ii) Disciplinary Committee
(iii) Examination Committee
Moreover, the Council also constitutes some Non Standing Committees.
The Institute has 4 Regional Councils at Delhi, Mumbai, Chennai and Kolkata and 92 Chapters in India and 4 chapters abroad.
In terms of Cost and Works Accountants Act, 1949 the President is the Chief Executive of the Council and the Secretary is the Executive Head of the Institute. The activities of the Institute are being undertaken through Studies Directorate, Examination Directorate, Technical Directorate, Research and Journal Directorate, Professional Development and Programmes Directorate and Administration and Finance Directorate. Institute has also Membership Department, Placement Cell, Information Cell etc.

ICWAI has demonstrated immense growth in magnitude of its membership rising from 130 in 1944 to presently over 36000 Cost and Management Accountants. More than 1,50,000 students are currently pursuing the ICWAI qualification.

ICWAI is an active member, apart from SAFA, of International Federation of Accountants (IFAC) and Confederation of Asian and Pacific Accountants (CAPA). ICWAI’s representatives have served as President of SAFA during the years 1989 and 1996.
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The advent of policy of liberalization in the commercial activities in Nepal led to the realization of the need for professional accountants to render fillip to the developmental initiatives in public as well as public sector and their regulation by a professional organ. The Auditor's Act, 1974 and Auditors Regulations, 1976 were formulated with the above objectives by the Nepalese Parliament. Under the Act, the Auditor General’s Office exercised full authority to register the auditors, provide licence and appoint auditors for the fully owned state enterprises and to recommend auditors in the case of partly government owned enterprise. Though, the Department of Industries had started registering auditors since 1964, auditing as a profession was recognized from the enactment of Auditor's Act. It was odd to see a government agency shouldering the regulating activity of accounting profession; its main objective was to streamline the public enterprises where considerable public money was being poured.

The growth of economic activity and influx of foreign capital during 1990s opened new horizon for the accountants. Private sector participation in commercial, industrial and tertiary sector grew rapidly. The accountants emerged not only as auditors but also as consultants in financial matters. As per the demand, the number of qualified accountants grew in tandem and alongside the number of other non-qualified registered auditors also grew in many-fold. In a short span of time, the registered auditors of this category far outnumbered the qualified professionals because the licensing procedure in the AG's Office required no examination of any kind. Among the qualified accountants, most were graduated from the Institute of Chartered Accountants of India, few from the Institute of England and Wales, the Association of Chartered Certified Accountants and Certified Public Accountant from USA.

In 1984, the practicing Chartered Accountants formed an association called ‘The Association of Chartered Accountant of Nepal. It was a pure benevolent association but it gave a forum to the accountants to discuss and be concerned about the future of accounting profession in Nepal.

In 1986, the Association of Chartered Accountants of Nepal for the first time attended the Regional Association of Accountants, SAFA as an observer. The need of quality education for accounting professionals, regulating process and enhancement in level of profession through a full-fledged accounting body was discussed. A SAFA Sub Committee was constituted to provide technical support for the establishment of an Institute of Chartered Accountants in Nepal.

In 1994, the Ministry of Finance constituted a five-member task force to draw up the legislation that could establish the professional body.

In 1996, ICAI’s representative considered the vision to be adopted to establish the Institute and prepared a blueprint of the proposed Institution. The report of ICAI’s representative recommended the possibility of taking the advantage of ICAI's experience in this regard.

After a long debate, the Ministry of Finance accepted the draft legislation and submitted it to the Parliament. The Bill included inter alia the significant provisions in respect of the guarantee for continuation of benefits enjoyed by the registered auditors and prohibition on providing membership to non-national professional were incorporated in the proposed bill.

In 1997, the Parliament enacted the Nepal Chartered Accountants Act, 1997.

As per the provisions of the Act, a five-member adhoc Council was constituted by the Government under the chairmanship of Mr Komal Bahadur Chitracar, the then President of the Association of Chartered Accountants of Nepal (ACAN). The adhoc Council distributed membership to 88 Chartered Accountants and 2862 registered auditors. Subsequently, the election for the First Council was held on 30th July 1997. From 1st August 1997, ICAN started functioning as an apex Professional Accounting Body of Nepal. The Ministry of Finance, Government of Nepal is the administrative ministry of ICAN.

ICAN’s Mission Statement is "ICAN to be recognized as a respected professional accounting body, providing leadership on standards, education and self-regulation in Nepal".

• To play the role of regulatory body in order to encourage members to carry on accounting profession working within the limit of the code of conduct laid down so as to make the accounting profession transparent and public-oriented.
• To develop, protect and promote the accounting profession by making the members and the practicing accountants understand their roles and responsibilities towards the importance of the accounting profession and the accountancy.
• To provide quality professional education to accounting professionals in consonance with international norms and practices so as to make the accounting profession respectable and reliable.
• To support the government with constructive suggestions towards formulation and revision of legislation in regards to commerce, trade, accounting, revenue, tax etc.
• To support the economic development process of the nation by increasing the confidence among investors and general public towards the capital market by pronouncing the standards of disclosures in financial reporting practices.

Its main functions are to:
• Play Advisory role: The Act explicitly mentioned that ICAN shall play an advisory role in advising the government in the policy matters regarding commerce, revenue, accounting banking etc.
• Regulate Accounting profession: ICAN shall undertake full responsibility in regulating the accounting profession.
• Education and Examination functions: ICAN is fully autonomous to impart the education and conduct examinations leading to fully qualified chartered accountants and accounting technicians.
• Regulating functions: ICAN is fully accountable in regulating accounting profession in the country through Disciplinary Committee.

ICAN’s management is handled by a Council composed ten persons elected by its Chartered Accountant members from amongst the Chartered Accountant members, four persons elected by its Registered Auditor members from amongst the Registered Auditor members and three persons nominated by the Government.

As of date, there are 293 Chartered Accountants and 7299 Registered Auditors enjoy the membership of ICAN and nearly 1750 students are pursuing Chartered Accountant courses in ICAN.

Apart from SAFA, ICAN has obtained (a) Full membership of CAPA in 1999, and (b) Associate membership of IFAC in 2003.

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The Institute of Chartered Accountants of Pakistan (ICAP) was established on 1st July 1961 to regulate the profession of accountancy in the Country. ICAP is a statutory autonomous body established under the Chartered Accountants Ordinance 1961 (X of 1961). ICAP is governed by the provisions of the Chartered Accountants Ordinance coupled with the Byelaws.

ICAP’s mission is to achieve excellence in professional competence; add value to businesses and economy; safeguard public interest; ensure ethical practices and good corporate governance; while recognizing the needs of globalization.

In order to ensure that the Accountancy Profession in Pakistan remains in tune with the latest developments in the world, the Council of the Institute has determined the following vision statement: ‘The profession of Chartered Accountants in Pakistan should be the benchmark of professional excellence upholding the principles of integrity, transparency and accountability.’

The activities of ICAP and its constituents are guided by the following strategic goals:
• To enhance the image and credibility of ICAP, its members and the Profession of Chartered Accountancy in Pakistan,
• To take measures to develop into an effective and dynamic organization for the purpose of self-regulation of the profession and provision of necessary services of high quality to its stakeholders,
• To develop the education, examination and training functions as core activities of the ICAP,
• To inculcate life-long learning through continuing professional development of its members and students,
• To invest in technology to improve the services and communication between ICAP and all the stakeholders,
• To develop a fully operational Research and Development Department that is involved in conducting indigenous research on an on-going basis, for continuous improvement of the profession and the professionals,
• To ensure ethical practices and good governance, through education and development of standards, to protect public interest,
• To continue to contribute actively at the national level, through increased institutional interaction with the Government, Regulatory Bodies and other stakeholders.
The Vision and Mission statements and the Strategic Goals have been directing ICAP to ensure that it plays a proactive role in the 21st century as a more accomplished professional body with a large membership base of highly skilled and quality professionals equipped to undertake a pre-eminent role in society.

The affairs of the Institute are managed by the Council once elected for a term of four years, which discharges the functions assigned to it under the Ordinance. The Council is composed of 16 members out of which 12 are elected from the profession by the ICAP members and four members are nominated by the Federal Government.

Founded in 1961 with 178 members, ICAP’s membership size has grown to over 3700 over the years. Also presently more than 32,000 students are enrolled at various levels of ICAP’s Chartered Accountancy qualification.

ICAP is an active member, apart from SAFA of various other international and regional accounting bodies like the International Federation of Accountants (IFAC), International Accounting Standards Board (IASB), Confederation of Asian & Pacific Accountants (CAPA) and Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI).
ICAP’s representatives have served as President of SAFA during the years 1987, 1994 and 2001.

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The Pakistan Institute of Industrial Accountants (PIIA) was established on 23rd May, 1951 under the Indian Companies Act, VII of 1913 (as applicable to Pakistan) and was granted statutory status under the Cost & Management Accountants Act, 1966 for the regulation of the profession of Cost and Management Accounting. Later on, the name of the Institute was changed to Institute of Cost and Management Accountants (ICMAP) under the Cost and Management Accountants Act (Amendment) in 1976. The ICMAP is the sole provider of cost and management accounting education, training and professional certification in Pakistan. The Institute has earned reputation both nationally and internationally for its high standard in imparting education and testing. The Institute has been meeting an important national human resource need through a steady flow of professional management accountants to occupy leading positions in the corporate world.

Mission Statement - “To develop strategic leaders through imparting quality education and training in Management Accounting, to continually set and upgrade professional standards and to conduct research, bringing value-addition to the economy.”
The mission states that Institute shall strive to achieve excellence in Education, Training, Setting and Upgrading professional standards and Research. It also reaffirms Institute’s commitment to produce managers with leadership quality who can bring improvement within the organizations at micro level and facilitate country’s economic development at macro level.

“To be the Preference in Value Optimization for Business”.
The purpose behind setting vision is to signify Institute’s role in the industry, trade and commerce. ICMAP’s vision sets a direction for the Institute’s future strategy to develop and penetrate the profession in the industry while benefiting business organizations. The development of new vision is the part of Institute’s efforts to revitalize its image. ICMAP’s vision – shields the perception of being the best among the alternatives available. The vision homogenizes stakeholders’ perception about ICMAP’s existence and provides them unified guideline towards achieving Institute’s objectives. The vision focuses that ICMAP shall become first priority while looking at alternatives for ‘optimization of resources’. The Business and society at large shall prefer ICMAP members, graduates and students to seek advice and guidance on value optimization leading to businesses’ prosperity and growth for development.

ICMAP’s activities are guided by its following objectives:
• regulate and promote the Cost and Management Accounting (CMA) profession in Pakistan and abroad,
• Train professional specialists in Cost and Management Accounting,
• impart education and training to the members, corporate managers and intending students of CMA for enhancing their capability as strategic leaders for value optimization in business,
• continue development of knowledge, skills and competence of the CMAs needed for economic prosperity of the country,
• help adoption and implementation of International Accounting Standards (IAS) and Cost Accounting systems,
• conduct research in the field of Cost and Management Accounting in order to promote and continuing development of the profession.

The affairs of the Institute are governed by the National Council, which discharges the functions assigned to it under the Cost and Management Accountants Act, 1966 and Regulations 1990. The National Council has 12 members, out of whom 8 are elected by the members of the Institute while remaining 4 are nominated by the Federal Government. The Council is advised and assisted by various standing and non-standing committees and branch councils in policy making and strategic decisions
ICMAP is a truly national level institute, having centres through out Pakistan and abroad i.e. Toronto, Canada and another in Dubai, UAE.

ICMAP has demonstrated immense growth in magnitude of its membership rising from 728 in 1985 to presently over 3000 Cost and Management Accountants, who hold senior positions in trade, commerce, industry and Government organisations. A good number of them are employed abroad. The number of registered students is over 15,000, which makes ICMAP one of the largest professional institutions in Pakistan.

ICMAP is an active member, apart from SAFA of various other international and regional accounting bodies like the International Federation of Accountants (IFAC), International Accounting Standards Board (IASB) and Confederation of Asian & Pacific Accountants (CAPA).
Through energetic participation in the activities of the international bodies, the Institute is playing its due role in the development of management accounting globally. Its representatives have been elected as President of SAFA during 1990, 1997 and 2004.

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The Institute of Chartered Accountants of Sri Lanka (ICASL) was established by Act of Parliament No 23 of 1959.

ICASL’s mission is to be the premier national body of Accountants committed to serving society by promoting & developing Accountancy expertise toward resource management at the highest levels of integrity and competence. The core elements of the mission are complementary and mutually reinforcing in seeking the central aim of being the premier national body of Accountants committed to serving society.

ICASL stands committed to the attainment of its following proclaimed goals:
• To ensure a high level of professional competence among the membership and those aspiring to become members.
• To maintain the highest levels of integrity among the membership.
• To influence national policy formulation in areas related to the accountancy profession.
• To contribute, in a significant manner, to the national development effort.
• To promote the image of the Institute and of its membership - worldwide.
• To provide leadership to the accountancy profession in Sri Lanka.
• To ensure the provision of an efficient, effective level of infrastructural and human resource support in all Institute activities.

ICASL Council is responsible for the administration and management of its affairs. The Council also conducts qualifying examinations, supervises and regulates education and training of students, secures the maintenance of professional standards amongst members and the advancement of the profession. The Council consists of the President, Vice-President and four members elected by the members and six members appointed by the Honourable Minister of Internal & External Trade, Commerce & Food, Government of Sri Lanka.
The Institute is the sole Accounting Standards setting authority in Sri Lanka, and the application of such Standards is mandatory for all companies listed on the Colombo Stock Exchange.

ICASL has current membership of over 2700 Chartered Accountants. More than 22000 students currently pursue the ICASL qualification.
ICASL’s representatives have served SAFA as President during the years 1986, 1993 and 2000.

 

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