Practical training & Development is a compulsory requirement of the curriculum 2015 of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) to become a Chartered Public Financial Accountant (CPFA). Therefore, students are required to complete specified training requirements together with the relevant examinations to be eligible for the certificates awarded by the Institute.

Registered students of the Institute are encouraged to gain their practical knowledge simultaneously with the studies so that they can apply the professional skills developed through practical training to their studies & vice versa. Students can start their practical training immediately upon registration. They are encouraged to commence practical training at early stages of examinations.

Chartered Public Finance Accounting students who are undergoing training are known as Trainees, are required to complete the total training period of three years with a minimum of 220 working days per year.