More women studying to be accountants in Sri Lanka

ECONOMYNEXT – Women now outnumber men among students of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), its president has said, noting that women remain under-represented at corporate senior management level.

It was important for the accounting fraternity to encourage more women into the profession, said Lasantha Wickremasinghe, President of CA Sri Lanka.

“We already have some high profile female CA Sri Lanka members who give leadership to leading corporates in the country, but we have just over 30 percent female representation in our membership, and this is not sufficient, and we need to improve this number,”

However, Wickremasinghe said he was hopeful of a larger female percentage of accountants in the future since 60 percent of the institute’s current 44,000 student population were female.

“This is very encouraging,” he said, delivering a speech to mark the international women’s day at the institute held under the theme ‘pledge for parity – challenging conscious and unconscious bias.’

Wickremasinghe emphasized the importance for greater female representation across the country’s public and private sectors.

He said that there was no doubt that women are under-represented at senior management level, and to ensure that this does not continue, companies need to re-evaluate their strategies and give prominence to those who matter, by absorbing them into more important positions. 

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“Women in Sri Lanka form over 52 percent of the total population of nearly 21 million. However, out of the total economically active population of 8.5 million persons, only 33 percent are women.”
(COLOMBO, March 11, 2016)