|Non Monitored Practical Training|
Places of Training
The Practical Training may be in a Ministry / Government Department / State Corporation / Statutory Authority/Banking Institution / Hotel / Limited Liability Company / Firm of Chartered Accountants / Tax Consultants / Management Consultants /Approved Auditor / any other Institutions approved by AAT Sri Lanka, where accounting and auditing experience can Be obtained.
Areas of Training
Number of hours specified in preparation of Books of Accounts, Trial Balance, Financial Statements / Reports, Taxation, Statutory Requirements, Budgeting, Costing, Cost Estimates, Inventories and Information Technology .
Prescribed Period of Training - one Year
The minimum Practical Training requirement is 220 days per year. A working day shall be a day with minimum of 7 and maximum of 8 working hours. Half-day will be considered on proportionate basis.
Working hours gathered on part time basis assignments will not be considered equivalent to working day. Trainees may back-date their Practical Training Records, with the approval of Education Training Division & AAT Sri Lanka.
Record of Training
Students should get the "Practical Accounting Experience Record Form" from the Training Division, get adequate photocopies of this Form (Minimum 52 copies per year) and fill them up appropriately.
Supervising Member could be any one of the following:
(a) Member of AAT Sri Lanka
(b) Member of CA - Sri Lanka
(c) Member of CIMA (UK)
(d) Member of ACCA (UK)
(e) Member of IBSL
(f) Member of CMA –Sri Lanka
(g) A Government Accountant
(h) A Licentiate of the CA - Sri Lanka / Intermediate Certificate Holder CA - Sri Lanka
(i) Holder of the HND in Accountancy Certificate
(j) A person holding office in the capacity of accountant or any other related capacity in an establishment provided such person is acceptable to the Governing Council of the AAT Sri Lanka.