TORONTO, Nov. 21, 2012 /CNW/ - For the third straight year, TELUS Corporation
captured top honours at the Corporate Reporting Awards, presented annually by
the Canadian Institute of Chartered Accountants (CICA).
The awards have recognized the best reporting practices in the country for
more than 60 years and honour both Canadian corporations and Crown
organizations. TELUS has now won the top prize five of the past six years.
"This is a very impressive run for TELUS and it clearly demonstrates the
company's commitment to best practices in corporate reporting," said Kevin
Dancey, FCA, president and CEO of the CICA. "If this were a professional
sport, you would be looking at a dynasty fuelled by foresight and a dedication
to continuous improvement."
TELUS collected two awards and two honourable mentions at the gala event in
Toronto. In addition to the Overall Award of Excellence, the company
captured the Communications and Media industry award along with Honourable
Mentions for Sustainable Development Reporting and Corporate Governance
"At TELUS, we strive to continually raise the bar in terms of the quality and
value of our stakeholder disclosures and it is gratifying to be recognized for
our efforts by the CICA. We are particularly honoured to have received the top
award for five of the past six years and it is a testament to the quality and
dedication of the external reporting team at TELUS who produce such a
best-in-class product," said Robert McFarlane, TELUS executive vice-president
and CFO. "I also appreciate the many volunteer judges and supporting
organizations that make this important awards event and feedback program
possible. Their constructive input has been very valuable over the years and
encourages us to continue innovating and enhancing how we communicate each
PotashCorp was the only other multiple winner collecting the Mining category
honour and the Award of Excellence for Financial Reporting. In total, 22
awards and honourable mentions were presented at the event.
"These are the most prestigious and coveted national awards of their kind in
Canada," stressed Shelley Brown, FCA, chair, CICA Board of Directors. "The
competing organizations strive to be the best when it comes to presenting
information in a relevant, understandable and reliable way. Congratulations
to all the winners and participants."
The goal of the awards program, organized by the CICA on behalf of the CA
profession, is to enhance the quality of corporate and financial reporting in
Canada. A publication profiling comments from the judges about the winning
entries is available online (www.cica.ca/cra).
Here is a complete list of the winners:
Communications & Media TELUS
Life Sciences/Technology Newalta Corporation
Oil & Gas Nexen Inc.
Diversified Industries SNC-Lavalin
Financial Services BMO Financial Group
Utilities & Pipelines/Real Estate Enbridge Inc.
Consumer Products Canadian Tire Corporation, Limited
Industrials & Energy Enerflex Ltd.
Small Cap/Venture Pure Technologies Ltd.
Special Judging Categories
Award of Excellence for Financial PotashCorp
Honourable Mention: Bombardier Inc.
Award of Excellence for Electronic Talisman Energy
Honourable Mention: Agnico-Eagle Mines Ltd.
Award of Excellence for Sustainable Suncor Energy
Honourable Mention: TELUS
Award of Excellence for Corporate Royal Bank of Canada
Honourable Mention: TELUS
Overall Award of Excellence: TELUS
Crown Corporations - Large Federal: Export Development Canada
Crown Corporations - Small Federal: Royal Canadian Mint
Crown Corporations - Provincial: Saskatchewan Transportation Company
Chartered Accountants (CAs) are Canada's most valued, internationally
recognized profession of leaders in senior management, advisory, financial,
tax and assurance roles. Through their integrity, expertise, and
internationally recognized qualification standards, Canada's 82,000 CAs
sustain their influence and leadership position both in Canada and globally.
As trusted business advisors to Canadian organizations of all sizes, Canada's
CAs foster confidence in Canadian business and contribute to the health and
sustainability of Canada's capital markets and economy. The Canadian Institute
of Chartered Accountants (CICA) represents Canada's CA profession both
nationally and internationally. The CICA is a founding member of the
International Federation of Accountants (IFAC) and the Global Accounting
or to arrange an interview, contact: Tobin Lambie, Manager, Media, CICA (416)
204-3228 email@example.com www.cica.ca
SOURCE: Canadian Institute of Chartered Accountants
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