The Institute of Chartered Accountants of Sri Lanka is the National Professional Accounting body of Sri Lanka. The Institute has over 4000 members and over 25000 registered students and is the sole Accounting and Auditing Standards setting authority in Sri Lanka.  The Institute is a member of the International Federation of Accountants (IFAC), The Confederation of Asian and Pacific Accountants (CAPA) and a Founder member  of the South Asian Federation of the Accountants (SAFA).