Voluntary Sector Reporting Awards

Voluntary Sector Reporting Awards

February 15, 2013 15:00 ET

Winners in Voluntary Sector Reporting Awards Announced

5 Ontario charities win prizes of $5,000 each for best annual report

TORONTO, ONTARIO--(Marketwire - Feb. 15, 2013) - The winners have been announced in Ontario's award program for best charity annual reports - the Voluntary Sector Reporting Awards (VSRAs). Winners were selected in five categories at the VSRA Awards Luncheon in Toronto Feb. 15. Each charity wins a prize of $5,000.

"We announced five winners and two honorable mentions out of 14 finalists and over 100 nominations from charities all across Ontario. This is a sign that Ontario's charity sector is recognizing the importance of accountability and reporting. We're proud of the role the VSRAs, now in their fifth year, have played in making a difference on this important issue," said Steve Salterio, Director of the CA-Queen's Centre for Governance, which organizes the VSRAs every year in partnership with Queen's School of Business and 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 and whose headquarters are located in Ontario. The winners in each category receive a $5,000 prize. This year's winners include:

International Organizations headquartered in Ontario:
Canadian Feed the Children
National Organizations headquartered in Ontario:
Ontario March of Dimes/March of Dimes Canada
Ontario only organizations
Total revenues over $10 million
Spinal Cord Injury Ontario
(formerly Canadian Paraplegic Association Ontario)
Total revenues from over $1 million to $10 million
Niagara Community Foundation
Total Revenues up to $1 million
Hospice King-Aurora
Honorable Mentions went to two finalists:
Hemophilia Ontario
Vita Community Living Services of Toronto

"Congratulations on behalf of the ICAO to the winners in each category and the many individuals on their teams that made their victory possible - management, employees, boards of directors, auditors and their volunteers," said Brian Leader, FCPA, FCA, Vice President of Learning at the ICAO. "Although only one winner can be officially recognized for each category, everyone wins. Promoting excellence in financial reporting is an ongoing process, and the feedback provided by those involved in the VSRAs is used to create resources - such as articles, webinars and courses - that benefit all."

More information about the VSRAs is available online at the CA-Queen's Centre for Governance website - www.annualreportaward.ca.

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.

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