CA Sri Lanka Corporate Level Exam study guide
CA Sri Lanka Corporate Level Exam · Work through your exam, one topic at a time.
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. It suits students who have finished the earlier levels, are completing practical training, and want to demonstrate they can apply technical knowledge to corporate scenarios rather than simply recall rules. The Institute publishes an Education Curriculum 2025-30, which sets the framework for study content and progression during this period. The CA Sri Lanka Corporate Level Exam study guide has 5 sections and about 1,939 words.
01Corporate Reporting
Corporate Reporting tests how well you prepare, adjust and interpret consolidated and entity financial statements under SLFRS. The exam favours complex groups, financial instruments, leases, revenue, deferred tax and the judgements behind the numbers.
407 words, about 2 min02Advanced Management Accounting and Finance
Advanced Management Accounting and Finance tests decision-making, valuation, financing and performance measurement. Calculations are only part of the marks: you must explain assumptions, interpret results and recommend action.
373 words, about 2 min03Corporate Governance
Corporate Governance tests the board's accountability, independence and disclosure under the CA Sri Lanka Code of Best Practice, the Companies Act No. 7 of 2007, SEC rules and CSE Listing Rules.
415 words, about 2 min04Advanced Taxation
Advanced Taxation tests computation and advice under the Inland Revenue Act No. 24 of 2017 (as amended), VAT law and associated administration.
367 words, about 2 min05Advanced Audit and Assurance
Advanced Audit and Assurance tests the application of Sri Lanka Auditing Standards (SLAuS) and the Code of Ethics to complex engagements. You must plan a risk-based audit, evaluate evidence, judge going concern and select the right opinion.
377 words, about 2 min