Waterloo professor wins CA profession innovation leadership award

TORONTO, Feb. 24 /CNW/ - University of Waterloo School of Accounting and Finance Professor, Efrim Boritz, FCA, has officially been awarded the 2010 Bill Swirsky Innovation Leadership Award.

The Bill Swirsky award is a joint effort of the Canadian Institute of Chartered Accountants (CICA) and the CaseWare group of companies. Named after an innovator and thought leader who retired in 2007 after more than 30 years at the CICA, the award recognizes an individual who has demonstrated innovation with outcomes that serve to advance the CA profession nationally and/or internationally.

"Professor Boritz has been involved in numerous initiatives over the past 30 years that have expanded CA competencies and services related to information technology," said Kevin Dancey, FCA, President and CEO, CICA. "Two major areas of accomplishment have been in connection with assurances services and XBRL-tagged data. This award is a great way to recognize an enduring commitment to better the CA profession."

"Innovation drives productivity and growth in business and the CA profession," said Dwight Wainman, CA, CEO, CaseWare International Inc. "We're pleased to honour Professor Boritz for his achievements in innovation and his commitment to the profession."

Boritz is a prolific author and has undertaken numerous projects on innovative uses of technology to enhance professional assurance-related activities such as audit planning, risk management and fraud detection.

"It is an honour to be recognized by the CA profession," said Boritz. "I am fortunate to have had the opportunity to participate in a variety of forward-looking projects aimed at expanding the horizons of the CA profession. Hopefully, this award will stimulate others to launch new initiatives to meet the challenges of tomorrow."

The formal presentation of the award took place last night during a special dinner function in Toronto. Boritz receives a $1,500 cash prize from CaseWare and a commemorative gift.

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 78,000 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).

CaseWare International Inc. and CaseWare IDEA Inc. are leading suppliers of software solutions to accountants and auditors worldwide. Our customers use CaseWare products to prepare, review and audit financial statements, manage client engagements, conduct detailed audit and fraud detection tests, continuously monitor controls compliance, track time and billings and support overall practice management.

SOURCE Canadian Institute of Chartered Accountants

For further information: or to arrange an interview, contact: Tobin Lambie, Media Manager, CICA, (416) 204-3228, tobin.lambie@cica.ca, www.cica.ca

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Canadian Institute of Chartered Accountants

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