 The Institute of Chartered Accountants of Sri Lanka enjoys agreements with the Institute of Chartered Accountants in England and Wales, CPA Australia, and several other leading international accountancy bodies.CA Sri Lanka is a member of the International Federation of Accountants, Confederation of Asian and Pacific Accountants and a founder member of the South Asian Federation of Accountants.CA Sri Lanka is also a member of the Chartered Accountants Worldside

CA Sri Lanka has been criticized for allowing audit firms (especially firms which carry the name as Big Four) to take undue advantage of articled clerks (interns) who would have to work in these firms for low wages to cover the practical training period required by the institute, which intern is headed by partners of these firms.