TORONTO, ONTARIO--(Marketwire - Dec. 13, 2012) - The finalists have been announced in Ontario's award program for best charity annual reports - the Voluntary Sector Reporting Awards (VSRAs). The 14 finalists competing in five categories will each have a chance to win a prize of $5,000 at the VSRA awards luncheon on February 15, 2013 in Toronto.
"For five years, the VSRAs have been helping Ontario charities show more transparency and accountability in their annual reporting. This year, we saw more than 100 nominations from charities of every size from all corners of the province. We look forward to announcing the winners on February 15 in Toronto," said Steve Salterio, Director of the CA-Queen's Centre for Governance, which organizes the VSRAs every year in partnership with the Institute of Chartered Accountants of Ontario (ICAO). PwC has been the sponsor of the program since its inception and the National Post newspaper is the VSRA national media sponsor.
The awards are open to registered charities that produce annual reports in Ontario and the winners in each category will receive $5,000. This year's finalists include:
International Organizations headquartered in Ontario:
- Canada-Africa Community Health Alliance
- Canadian Feed the Children
|National Organizations headquartered in Ontario:
- Canada Women's Foundation
- Interagency Coalition on AIDS and Development
- Ontario March of Dimes/March of Dimes Canada
|Ontario only organizations
|Total revenues over $10 million
- Canadian Paraplegic Association Ontario
- United Way of Peel Region
- Vita Community Living Services
|Total revenues from over $1 million to $10 million
- Kingston Literacy & Skills
- Niagara Community Foundation
- United Way Kingston, Frontenac, Lennox & Addington
|Total Revenues up to $1 million
- Birchmount Bluffs Neighbourhood Centre
- Hemophilia Ontario
- Hospice King-Aurora
"It has never been more important for not-for-profit organizations to show that they are being efficient and effective in meeting their missions," noted Brian Leader, FCPA, FCA, Vice President of Learning at the ICAO. "Strategically, clear and comprehensive financial reporting is one of the best ways to let donors, prospective donors and volunteers know that this is the case. The Voluntary Sector Reporting Awards helps to highlight the achievements of those worthy charities."
More information about the VSRAs is available online at the CA-Queen's Centre for Governance website - www.annualreportaward.ca.
Media are invited to cover the VSRA Award Luncheon February 15 at 11:30AM in Toronto.
About the CA-Queen's Centre for Governance at Queen's School of Business
CA-Queen's Centre for Governance (business.queensu.ca/centres/CA-QCG/) goal is to raise the bar on Canadian governance research with respect to transparency and financial accountability and convey that research's implications to academics, students and the public at large. Situated at Queen's School of Business www.business.queensu.ca one of the world's premier business schools, the Centre conducts cutting edge basic and applied research on governance dealing with such issues as fraud prevention and detection and improving the quality of Canadian securities' regulation.
About the Institute of Chartered Accountants of Ontario:
The Institute of Chartered Accountants of Ontario is the qualifying and regulatory body of Ontario's more than 36,000 Chartered Accountants and 5,000 CA students. Since 1879, the Institute has protected the public interest through the CA profession's internationally recognized standards of qualification and the enforcement of its rules of professional conduct. Chartered Accountants are the professionals Canada's business leaders trust to help make the financial, strategic and leadership decisions that matter. The Institute's website is: www.icao.on.ca and the student website is www.guidetorulingtheworld.ca.
About PwC Canada
PwC Canada helps organizations and individuals create the value they're looking for. More than 5,700 partners and staff in offices across the country are committed to delivering quality in assurance, tax, consulting and deals services. PwC Canada is a member of the PwC network of firms with close to 169,000 people in 158 countries. Find out more by visiting us at www.pwc.com/ca. © 2012 ricewaterhouseCoopers LLP, an Ontario limited liability partnership. All rights reserved. PwC refers to the Canadian member firm, and may sometimes refer to the PwC network. Each member firm is a separate legal entity. Please see www.pwc.com/structure for further details.