ICAI Awards FOR EXCELLENCE IN FINANCIAL REPORTING 31st January, 2010, Goregaon Sports Club, Mumbai With a view to promote better standards in the preparation and presentation of information in the financial statements, Research Committee of the Institute of Chartered Accountants of India has been holding the annual competition for the ICAI Awards for Excellence in Financial Reporting. The Awards are given in seven categories of business and other entities.
Gold Shield and Silver Shield is awarded in each category for the best entry and the next best entry, respectively. Apart from the aforesaid awards, a Hall of Fame is also awarded for the entry that has been awarded the first prize in that category continuously in the last five years and Plaques will be also awarded for the Annual Reports that are following better financial reporting practices amongst the remaining enterprises that would be participating in the Competition. For complete details of the Award and the Competition (last date of which was 15th October 2009), please visit http://www.icai.org/resource_file/16823icai_awards_efr.pdf
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