CMA Dr. P.V.S. Jagan Mohan Rao, President, South Asian Federation of Accountants (SAFA) addressed a press meet in Coimbatore on 18.12.19 about SAFA, its mission, membership and annual activities.
It was conveyed through a press-release that SAFA Best Presented Annual Report Award is considered as the most prestigious accolade for financial reporting in the South Asian region and signifies SAFA’s recognition and reward for organizations in the region which have achieved excellence in presentation and disclosure of high quality, relevant, reliable and objective financial statements in accordance with the international framework.
The awards are presented in various categories including Banking, Financial Services, Communication &IT , NGO& NPO Sector and alike. In addition, SAFA has also initiated SAARC Anniversary Awards for Corporate Governance Disclosures and Integrated Reporting Awards.
SAFA organises Quiz and Elocution Contest with an objective to motivate students towards the focused study of financial reporting standards and to develop the future speakers for the profession.
The member bodies of SAFA celebrate 10th November as International Accounting Day in a befitting manner by organizing Debate Competition, Quiz competitions, Elocution Competition, Essay Writing Competition, Marathon race/ Human Chain and various other programs.
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