CA Sri Lanka Corporate Level Exam case studies
CA Sri Lanka Corporate Level Exam · Put your knowledge to work in context.
The Corporate Level Examination is a stage in the CA Sri Lanka qualification offered by the Institute of Chartered Accountants of Sri Lanka, the country's national professional accountancy organization. Candidates generally reach it after completing the Business Level and before progressing to the Strategic Level, making it a bridge between foundational business subjects and advanced corporate reporting, strategy, and assurance work. The CA Sri Lanka Corporate Level Exam case studies are 5 cases and about 4,143 words.
1ERP Implementation Contract: Allocating and Constraining the Transaction Price
Colombo Software Ltd (CSL) signs a three-year contract with a conglomerate to implement and host an ERP system. The total fixed consideration is LKR 54 million: LKR 18 million for the on-premise licence, LKR 27 million for implementation services, and LKR 9 million for three years of support.
859 words, about 4 min2Control Without Majority Voting: The Delta Logistics Shareholders' Agreement
Lanka Holdings PLC owns 45% of Delta Logistics Ltd; the remaining 55% is held by three unrelated parties (20%, 20%, and 15%). A shareholders' agreement gives Lanka Holdings the right to appoint two of five directors; the other three directors are appointed by the 20% holders.
818 words, about 4 min3Special Order in a Constrained Machine Shop
Gampaha Manufacturing produces two components, Alpha and Beta, on the same CNC machine, which has 20,000 machine hours available per month. Alpha sells for LKR 4,500, uses 0.5 machine hours, and has variable cost LKR 2,700.
811 words, about 4 min4Audit Committee Under Pressure: A Related-Party Logistics Contract
Seylan Apparel PLC is a listed company. Its CEO's brother owns a logistics company that has provided warehousing services to Seylan for eight years.
854 words, about 4 min5Going Concern at Ruhuna Tiles PLC
Ruhuna Tiles PLC has net current liabilities of LKR 420 million at year-end and a bank loan of LKR 600 million due in eight months. The company breached its interest cover covenant at the reporting date; the bank has given a written waiver valid until three months after the reporting date, but has not agreed to renew the facility.
801 words, about 4 min