Accredited accounting students become champions of the South Asian region in the IFRS test of first competition

Two students from the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) emerged as champions of the South Asian region in the inaugural IFRS Competition organized by the Federation of Accountants of Asia South Cooperation (SAFA).

Ravindi Sandini, a commercial-level student and Hakeem Halwan, a business-level student from CA Sri Lanka, beat students from other countries in the South Asia region to win the inaugural SAFA competition on IFRS recently held in Dhaka, Bangladesh.

The final phase of the competition attracted four teams to the region, including Sri Lanka, India and Bangladesh. The subjects covered competition related to International Financial Reporting Standards (IFRS) as professional accountants business leaders and the potential of the SAARC economy.

The competition took place in the presence of the Chairman of the International Accounting Standards Board (IASB), Hans Hoogervorst, and the chairmen of all CA Accounting and COST bodies, Chairman of the Board Sri Lanka, Lasantha Wickremasinghe, Jagath Perera And Vice-President. The competition was held at the SAFA Best Price Annual Awards and CFO Regional Conference held in Dhaka.

The Committee on Education, Training and CPD SAFA has taken the initiative to organize competition among SAFA members SAFA member testing member tests.

The CA Sri Lanka team took the lead in the third and final round, known as the "acoustic round" to lead 25 points to a total of 145 points, beating the Indian team to win the championship.








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