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Winners of Charities Online Accounts Awards announced

Howard Lake | 29 November 2006 | News

Plan International UK, the Citizens Advice Bureau, Charity Finance Directors’ Group, The Parish Church of St Luke, Great Ilford, A-CET and Chesterfield Philharmonic Choir have all won awards in the 2006 Charities Online Accounts Awards.

At today’s awards ceremony at Chartered Accountants Hall in London, Chairman of the Judges Graham Ward CBE and Institute President Ian Morris, presented the charities with their cash prizes for the most effective online annual report and accounts.

The awards, sponsored by CAF (Charities Aid Foundation) and the Institute of Chartered Accountants in England & Wales (ICAEW), recognise excellence in financial reporting and encourage best practice in online financial accounts.

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Graham Ward, Chairman of the Judging Panel commented: “High quality financial reporting is as much of an imperative for the charitable sector as it is for the commercial world. Charities depend on donors in the same way that businesses depend on investors and both of these communities depend on high quality financial information when making decisions about whether to provide funding.

“The best reports can communicate to potential donors the spirit of the charities themselves and can really help to cement trust between charitable organisations and their donors. This is why we recommend that any future Statement of Recommended Practice should include better ./guidance on how to create transparent online financial reports.”

The awards were divided into different categories:

Graham Ullett, Head of Marketing at CAF commented: “CAF’s sponsorship of these Awards alongside the ICAEW forms part of our objective to raise standards of online reporting to aid donors and, in so doing, assist charities.”

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