In recognition of the quality of the B.Sc. Accounting (Special) Degree, a number of professional accounting bodies have granted exemptions from their examinations. These bodies include:

  • Association of Chartered Certified Accountants (ACCA)
  • Certified Public Accountants (CPA) Australia
  • Chartered Institute of Management Accountants (CIMA)
  • Institute of Chartered Accountants of England and Wales (ICAEW)
  • Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka)
  • Institute of Certified Management Accountants of Sri Lanka (CMASL)

The exemptions granted by these bodies are as follows:

Professional Body Exemptions Granted Papers to be Completed
Association of Chartered Certified Accountants (ACCA) Knowledge Level (All 3 Papers)
Skills Level (All 6 Papers)
Note – It is required to pass all core course units of the degree program and the Advanced Taxation elective course unit, to obtain exemptions from the ACCA. However, the exemption fee and the initial registration fee and first year subscription fee will be waived off, only if the student registers before graduating.
Professional Level(Essentials all 3 Papers) (Optional 2 out of 4 Papers)
Certified Public Accountants (CPA) Australia Foundation Level (All 12 Papers) Professional Level (All 6 Papers)
Chartered Institute of Management Accountants (CIMA) Certificate Level (All 5 Papers)
Operational Level (All 3 Papers and Operational Level Case Study)
Management Level (All 3 Papers)
Note – It is required to pass all core course units of the degree program and the Contemporary Issues in Management Accounting and International Financial Management elective course units, to obtain exemptions from the CIMA. However, the exemption fee and 50% of the initial registration fee and the annual subscription fee will be waived off, only if the student registers before graduating.
Management Level Case Study, Strategic Level(3 Papers and Strategic Level Case Study)
Institute of Chartered Accountants of England and Wales (ICAEW) Certificate Level (All 6 Papers)
Professional Level (1 Paper)
Professional Level(5 out of 6 Papers)Advanced Level(All 3 Papers including the Case Study )
Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) Executive Level (All 5 Papers)
Business Level (1 out of 5 Papers –  Auditing)
Business Level(3 out of 5 Papers)Corporate Level(All 5 Papers)
Institute of Certified Management Accountants CMA Sri Lanka Foundation Level (All Papers)
Operational Level (All Papers)
Managerial Level (All Papers)
Strategic Level(All 4 Papers and the Integrative Case Study)