Monitored Training

Places of Training

Training takes place at institutions approved by CA - Sri Lanka, where Chartered Accountants are available as supervising members.

Areas of Training

The areas of training include Financial Accounting & Management Accounting, Audit & Assurance, Taxation, Financial Management and Use of Information Technology

Prescribed Period of Training - One Year (for Membership)

The minimum Practical Training requirement is 220 working days per year. A working day shall be a day with a minimum of 7 and a maximum of 8 working hours. A half-day will be considered on a proportionate basis. Working hours gathered on part time basis assignments will not be considered as being equivalent to a working day. Trainees may back-date their Practical Training Agreement for a maximum period of three months, subject to the approval of AAT Sri Lanka.

Prescribed Period of Training - Two Years (for CA Sri Lanka Exemption)

In order to receive the one-year exemption from CA Sri Lanka’s practical training requirement, students are required to go through two (02) years of practical training in a CA Sri Lanka approved organization.

However, students can still apply for membership at AAT Sri Lanka, upon completion of one year training.

Record of Training

To start the record of training, students will be required to enter into an agreement with AAT Sri Lanka and the respective training organization.

  • The Agreement and the Training Record Book can be obtained from AAT Sri Lanka’s Head Office, by producing a letter (which must be printed on a letter head of the organization in question) from the respective supervisor, stating that he/ she is agreeable to supervise the student.
  • This letter also needs to be produced to the Education & Training Division within two weeks of commencement of training.
  • The signed training agreement should be handed over to the same division within two weeks of obtaining the agreement form.

Supervising Member

The supervising member must be a member of the Institute of Chartered Accountants of Sri Lanka (CA - Sri Lanka).