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The examination syllabus change in every 5 years to meet the industry standards. The first two levels available in English, Sinhala, and Tamil languages (medium), and the final two levels only available in English medium. All the levels can be completed in a 2.5 year period of time. Examinations are held twice annually, in May and November.
Students in Grade 13 had the second-highest depression and anxiety scores, with examination-related issues being the most commonly cited problem. Of the 445 students assessed, 22.9% of Grade 12 students and 28.6% of Grade 13 students reportedly had severe depression , while 28.6% of Grade 12 students and 32.1% of Grade 13 students experienced ...
Given the above, one view of the progression of the accounting and finance career path is that financial accounting is a stepping stone to management accounting. [16] Consistent with the notion of value creation, management accountants help drive the success of the business while strict financial accounting is more of a compliance and ...
Accounting, also known as accountancy, is the process of recording and processing information about economic entities, such as businesses and corporations. [1] [2] Accounting measures the results of an organization's economic activities and conveys this information to a variety of stakeholders, including investors, creditors, management, and regulators. [3]
Financial statements are intended to be understandable by readers who have "a reasonable knowledge of business and economic activities and accounting and who are willing to study the information diligently." [2] Financial statements may be used by users for different purposes:
Education in Sri Lanka has a long history that dates back two millennia. While the Constitution of Sri Lanka does not provide free education as a fundamental right, the constitution mentions that 'the complete eradication of illiteracy and the assurance to all persons of the right to universal and equal access to education at all levels" in its section on directive principles of state policy ...
Accounting standards prescribe in considerable detail what accruals must be made, how the financial statements are to be presented, and what additional disclosures are required. Some important elements that accounting standards cover include identifying the exact entity which is reporting, discussing any "going concern" questions, specifying ...
Sinhala had its numerals (Sinhala illakkam), which were used from prior to the fall of Kandyan Kingdom in 1815. They can be seen primarily in Royal documents and artefacts. Sinhala Illakkam did not have a zero, but did have signs for 10, 20, 30, 40, 50, 60, 70, 80, 90, 100, 1000. This system has been replaced by the Hindu–Arabic numeral system.