FMSF awarded by ICAI award for excellence in Financial Reporting

FMSF received "ICAI award for excellence in Financial Reporting" for the year 2003-2004 from the Institute of Chartered Accountants of India for "Highly Commended Financial Reports" in the Not-for-Profit organisations.

This award has been instituted by ICAI to promote better standard in presentation of information in the financial reporting. It propagates that financial reporting should be committed to the canons of accountability, transparency, integrity, reliability and social responsibility. This is an annual event which was started in the year 1958.

This award in form of a plaque was handed over to us by the Minister for Company Affairs, Government of India in a function held on 18th January,2005 at New Delhi.

 

Mr. Sanjay Patra, Executive Director receiving the award function

 FMSF Team with the Plaque

It is a great honour and a recognition of the efforts of FMSF in promoting Accountability in South Asia.

The other awardees are:

Corporate Sector 

Infosys Technologies Ltd.

Siemens Ltd.

Tata Chemicals Ltd.

HDFC Ltd.

Cholamandalam Investments & Finance Company Ltd.

Non-Profit Sector

National Scheduled Castes Finance and Development Corporation

Financial Management Service Foundation