ICAI Awards presented for Excellence in Financial Reporting



Awards Presentation Ceremony - ICAI Awards for Excellence in Financial Reporting

CA. K. Rahman Khan, Hon’ble Member of Parliament, Rajya Sabha lighting the lamp in the presence of Shri Tshering Kezang, Hon’ble Auditor General of Bhutan, CA. Manoj Fadnis, President & CA. M . Devaraja Reddy, Vice-President, ICAI, CA. Subodh Kumar Agrawal, Chairman & CA. Sanjiv Kumar Chaudhary, Vice-Chairman, Research Committee of ICAI.

The Institute of Chartered Accountants of India (ICAI) through its Research Committee, organizes the annual competition ‘ICAI Awards for Excellence in Financial Reporting’ with the objective to recognise and encourage excellence in preparation and presentation of financial information. The awards ceremony for the year 2014-15 was held on February 6, 2016 at Kolkata. Shri Tshering Kezang, Hon’ble Auditor General of Bhutan was the Chief Guest and CA. K. Rahman Khan, Hon’ble Member of Parliament, Rajya Sabha was the Guest of Honour. 

A total of 12 awards- One Gold Shield, 7 Silver Shields and 4 Plaques were given during the function. The awards presentation ceremony was preceded by a Technical Workshop on observations of the Shield Panel arising out of their review of the entities which participated in the competition and a Panel Discussion on “Moving Ahead: Excellent Financial Reporting”. 

The names of the awardees are mentioned below.  

ICAI Awards for Excellence in Financial Reporting for the competition for the year 2014-15 
 

Category

Award

Name of the Entity

Annual Report and Accounts for the year ended

III

Insurance Sector

Gold Shield

HDFC ERGO General Insurance Company Limited

March 31, 2015

Silver Shield

HDFC

Standard Life Insurance Company Limited

March 31, 2015

Plaque  for commended Annual Report

ICICI

Prudential Life Insurance Company Limited

March 31, 2015

V

Manufacturing Sector (Turn over equal to or more than  Rs. 500 crore)

Silver Shield

Jointly to ACC  Limited

Asian Paints Limited

Abbott India Ltd.

December 31, 2014

March 31,2015

March 31,2015

VI

Manufacturing Sector (Turn over less than  Rs. 500 crore)

Silver Shield

Kewal Kiran Clothing Ltd.

March 31, 2015

IX

Service Sector (other than financial services sector) (Turn over equal to or more than  Rs. 500 crore)

Silver Shield

Zensar Technologies Limited

March 31, 2015

Plaque  for commended Annual Report

Mindtree Limited

March 31, 2015

X

Service Sector (other than financial services sector) (Turn over less than  Rs. 500 crore)

Plaque  for commended Annual Report

Alphageo (India) Limited

March 31, 2015

XI

Not-for- Profit Sector

Silver Shield

Vidya Dairy

March 31, 2015

Plaque  for commended Annual Report

Swami Vivekanand Youth Movement

March 31, 2015


Disclaimer: The awardees have been selected by the panel of judges on review of accounting practices adopted by the participating enterprises in the preparation of their financial statements without regard to their financial condition and operating performance. Accordingly, the awards signify that the accounting policies followed by the concerned enterprise are the best amongst the enterprises that have participated in the Competition.


 
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