SLASSCOM (Sri Lanka Association of Software and Service Companies) partnered with the AAT (Association of Accounting Technicians of Sri Lanka) to jointly drive capacity building in Accounting & Finance to cater for the rapidly growing BPO industry in Sri Lanka.
The Association of Accounting Technicians of Sri Lanka (AAT Sri Lanka) was established in 1987, on the initiative of the Institute of Chartered Accountants of Sri Lanka with the primary objective of producing Accounting Technicians for the private and public sector. During this period AAT Sri Lanka has acquired a reputation as the undisputed leader for producing quality accounting technicians to the nation. Also AAT Sri Lanka has gained international recognition and it has obtained associate membership of International Federation of Accountants (IFAC) and Confederation of Asian and Pacific Accountants (CAPA).
The main purpose of signing the mutual agreement is to collaborate in promoting Sri Lanka as a global sourcing destination for Finance and Accounting BPOs and to increase the number of qualified Accounting and Finance professionals in the country .
President AAT Sri Lanka T Dharmarajah said “the purpose of this MoU is to develop academic and educational co-operation and to promote mutual understanding between the two organization thereby Jointly promote Accounting, BPO and IT as a preferred career choice among the student population and the business community with a view to increase the number of qualified accounting professionals suitable to serve BPO organizations”.
Sri Lanka is fast emerging as a niche Center of Excellence (CoE) for Finance and Accounting Outsourcing (FAO) Recent Global Services magazine survey ranks Sri Lanka among the top 20 centers of excellence for FAO in the world. Leading global companies such as WNS, Amba Research, Quattro and HSBC have set up their FAO centers in Sri Lanka among several other local and international companies to take advantage of the growing pool of highly qualified accounting professionals in Sri Lanka.
“Global Finance and Accounting BPO industry is growing rapidly. With our niche focus on FAO and already established global recognition as a best emerging destination for FAO, we are well positioned to take part in this global market opportunity to create wealth and jobs in Sri Lanka. We are delighted to partner with AAT, who has pioneered large scale capacity building, to take the industry forward.” said Madu Ratnayake General Secretary SLASSCOM
SLASSCOM acts as the catalyst of growth for the Sri Lankan IT and BPO industry by facilitating trade and business, propagation of education and employment, encouragement of research and innovation, and by supporting the creation of a progressive national policy framework.
Photo caption: From Left: Project Officer SLASSCOM- David Charles , Director and Treasurer SLASSCOM -Omar Fatharally Chief Executive Officer, Hello Corp, General Secretary SLASSCOM - Madu Ratnayake, President - AAT Sri Lanka T. Dharmarajah , Chief Executive Officer - AAT Sri Lanka Tishanga Kumarasinghe and Director – Computer Training – AAT Sri Lanka Ms.Siyamala Sumanthiran