TORONTO, June 26, 2012 /CNW/ - Participating in the Corporate Reporting Awards provides an excellent
opportunity to learn about best practices and demonstrate leadership
according to Canada's Chartered Accountants.
For more than sixty years, the awards have recognized the best reporting
models in the country. They encourage organizations to strive to be
the best in reaching out to stakeholders through information presented
in a useful, understandable, relevant and reliable way.
The awards focus on both corporate Canada and Crown corporations and are
presented annually by the Canadian Institute of Chartered Accountants
(CICA) on behalf of the country's CA profession.
"Participants receive valuable feedback on their entries and insight on
best practices from a panel of expert judges," said Kevin Dancey, FCA,
president and CEO, CICA. "The feedback received combined with a review
of the winning models can pave the way for organizations to make a
strong reporting effort even better."
The deadline for entries is July 9, 2012 and instructions on the simple
entry process can be found online (www.cica.ca/cra).
Awards of Excellence for publicly listed companies in various industry
sectors will be presented. Separate awards and honourable mentions
also will be given to companies for financial reporting, corporate
governance disclosure, electronic disclosure and sustainable
development reporting. In addition, large and small Crown winners will
be chosen in both the federal and provincial categories.
"Investors, taxpayers and other stakeholders are the real winners
through the initiative," noted Dancey. "The competing organizations
are dedicated to providing integrity and leadership through corporate
reports that are relevant, clear and easily understood. The
participants are determined to strengthen their relationships with
The 2012 Corporate Reporting Awards are sponsored by Ernst & Young, PwC,
Toronto Stock Exchange, RR Donnelley, Listed Magazine and The Streaming
This year's awards ceremony will take place in Toronto in November.
Chartered Accountants (CAs) are Canada's most valued, internationally recognized profession of
leaders in senior management, advisory, financial, tax and assurance
roles. Through their integrity, expertise, and internationally
recognized qualification standards, Canada's 82,000 CAs sustain their
influence and leadership position both in Canada and globally. As
trusted business advisors to Canadian organizations of all sizes,
Canada's CAs foster confidence in Canadian business and contribute to
the health and sustainability of Canada's capital markets and economy.
The Canadian Institute of Chartered Accountants (CICA) represents
Canada's CA profession both nationally and internationally. The CICA is
a founding member of the International Federation of Accountants (IFAC)
and the Global Accounting Alliance (GAA).
SOURCE Canadian Institute of Chartered Accountants
For further information:
or to arrange an interview, contact:
Tobin Lambie, Manager, Media