TORONTO, June 18, 2014 /CNW/ - Winning isn't everything when it comes to the Corporate Reporting Awards presented annually by the Chartered Professional Accountants of Canada (CPA Canada).
"The awards showcase the best reporting models in the country but the program is about more than just bragging rights," explains Kevin Dancey, president and CEO, CPA Canada. "It's about participants striving to be the best though continuous improvement. In addition to recognizing winners and their leadership, the awards also provide an excellent platform from which to develop even stronger corporate reporting practices."
All entrants receive a confidential assessment from the independent panel of judges outlining how they measure up against best practices and innovations. Reviewing the various winning models combined with feedback on its own entry can help a company or Crown organization make a strong reporting effort even better.
The ultimate objective of the awards is to raise the bar of corporate reporting in Canada so that the information presented is as relevant and easily understood as possible.
The awards are the most prestigious and coveted national honours for corporate reporting in Canada and focus on both Canadian listed companies and Crown organizations. For more than 60 years, they have been providing recognition for organizations playing an active role in advancing corporate reporting in Canada.
"Entering demonstrates a commitment to excellence," stresses Dancey. "Participation sends a strong, confident message to investors and stakeholders. At the same time, it signals dedication to improvement and moving beyond the status quo."
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.
To learn more about the program and how to enter, please visit www.cpacanada.ca/CRawards.
The deadline for submissions is July 11, 2014.
About CPA Canada
CPA Canada is the national organization established to support unification of the Canadian accounting profession under the Chartered Professional Accountant (CPA) designation. It was created by the Canadian Institute of Chartered Accountants (CICA) and The Society of Management Accountants of Canada (CMA Canada) to provide services to all CPA, CA, CGA and CMA accounting bodies that have unified or are committed to unification. As part of the unification effort, CPA Canada and the Certified General Accountants Association of Canada (CGA-Canada) are working toward integrating their operations this year. Unification will enhance the influence, relevance and contribution of the Canadian accounting profession both at home and internationally. www.cpacanada.ca
SOURCE: CPA Canada
For further information:
Tobin Lambie, principal