Exemptions From Professional Accounting Bodies
The BSc Honours in Accounting Degree Programme is recognized by leading national and international professional accounting bodies, enabling eligible students and graduates to obtain exemptions from specified professional examinations, subject to the requirements of the respective professional accounting bodies.
Exemption Comparison Table:
| Professional
Accounting Body |
Exemptions Granted
|
Papers/Case Studies to be Completed
|
| Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) | Business Level: All 4 Papers and B CAP
Corporate Level: All 4 Papers and C CAP except Verbal Pitch (Refer Note 1) |
Corporate Level: Verbal Pitch
Strategic Level: All 4 Papers and S CAP |
| Association of Chartered Certified Accountant (ACCA), (UK | Applied Knowledge Level: All 3 Papers
Applied Skills Level: All 6 Papers (Refer Note 2) |
Professional Level: 2 Compulsory Papers and 2 out of 4 Optional Papers |
| Certified Public Accountants (CPA) Australia | Foundation Level: All 6 Papers
(Refer Note 3) |
Professional Level: 4 Compulsory Papers and 2 out of 5 Optional Papers |
| Institute of Certified Management Accountants of Sri Lanka (CMA Sri Lanka) | Foundation Level: All 5 Papers;
Operational Level: All 6 Papers Managerial Level: All 5 Papers |
Strategic Level: All 4 Papers and Integrative Case Study |
| Chartered Institute of Management Accountants (CIMA), UK | Certificate in Business Accounting: All 4 Papers
Operational Level: All 3 Papers and Case Study Management Level: All 3 Papers and Case Study Strategic Level: All 3 Papers (Refer Note 4) |
Strategic Case Study |
Conditions for Exemptions:
Note 1 – CA Sri Lanka: Exemptions from the four Corporate Level papers require a minimum grade of B in the relevant prerequisite course units of the Degree Programme.
Note 2 – ACCA (UK): Final-year accounting undergraduates may sit for the remaining papers during their final yearof the Degree Programme. Fee waivers are available to the eligible students of the Department of Accounting.
Exemption Fees, First-year Subscription Fee, and £59 of the Initial Registration Fee are Waived Off (RegistrationFee of £30 to be paid).
Note 3 – CPA Australia: Final-year accounting undergraduates may sit for the remaining papers during their final yearof the Degree Programme. Fee waivers are available to the eligible students of the Department of Accounting.
Only 50 Spots are available on First Come, First Served Basis. 50% waive-off on examination fees and 100% waive-off on exemption, registration and application assessment fees. AUD 363 for membership covering to be paid for both 2026 & 2027.Registration and document submission deadline: 30 November 2026.
Note 4 – CIMA (UK): Students who obtain a GPA of 3.5 for the Degree Programmeare required to complete only the Strategic Case Study.For all other students who complete the Degree Programme, Certificate Level and Operational Level are exempted.
Please visit the below link for further details on the exemptions
For any queries on exemptions, contact:
Dr. (Miss) Sanjeevanie Cooray
Senior Lecturer
Mobile: 071-7632083
email: sanjeevanie.cooray@sjp.ac.lk