In an initiative to establish a mutually rewarding partnership IIA Sri Lanka, the Sri Lankan affiliate of The Institute of Internal Auditors (IIA) of Florida, USA (a globally recognized professional body related to the field of Internal Audit) and The Academy of Finance – the Gurus of Financial wisdom – recently signed a Memorandum of Understanding (MOU). This MOU enshrines collaboration between the parties on training and knowledge sharing for the benefit of the wider stakeholders of the respective bodies.

IIA Sri Lanka has entered into MOUs with selected educational institutions in order to provide greater benefits to its members through collaboration with such institutions. The main objective of these MOUs is to promote and nurture, education and practice related to the field of Internal Auditing. In essence, these MOUs envisage to derive synergistic benefits of human and physical resources by capitalizing on the institutional strengths of the MOU partners.

The Academy of Finance will be offering educational support for all three parts of the Certified Internal Auditor (CIA) programme, the ACCA Challenge Examination and Internal Audit Practitioner Examination. They have been providing CIA education since 2011 and their educational support includes live and recorded lectures, a comprehensive revision portal and mock examinations.

The MOU was signed by Numair Cassim (President – IIA Sri Lanka) and Kapila Dodamgoda (Founder/ Managing Director – Academy of Finance) in the presence of representatives of both executive committees namely, Surantha Jayatilake (Secretary / Chair Education Committee – IIA Sri Lanka) and Ashane Jayasekara (Senior Lecturer – Academy of Finance).