Historical FiRe Awards content. Dates and arrangements below relate to the original publication.
The financial report of an organisation tells the story of the organisation throughout a given year. Information in the annual report must therefore be properly presented in accordance with the international financial reporting standards. The benefits of participation include:
(1) Winning an Award:
• Is good publicity for the organisation; it boosts the organisation’s corporate image.
• Builds client confidence in the organisation.
• Attracts investors.
(2) The Awards present an opportunity for benchmarking an organisation’s report against that of other organisations.
(3) A free evaluators’ report is given to all organisations that participate. The report contains valuable recommendations which organisations can use to improve their financial reporting.