The awards, organised by the Institute of Certified Public Accountants of Uganda (ICPAs) with the Uganda Securities Exchange and Capital Markets Authority aim to improve and inspire better public accounting.
Competition in this year’s awards was tougher than ever before with 64 different organisations participating – a large increase from both 2012 and 2011.
The African Palliative Care Association won the financial reporting award for NGOs Health Sub-Category. The awards are based on various parameters of reporting in both the audited accounts and annual reports including; compliance with applicable financial reporting framework, reporting on corporate governance, sustainability reporting, presentation of the annual report and general integrated reporting.
In a speech, the Minister for Finance, the Honourable Maria Kiwanuka, said that organisations should embrace proper financial reporting as a means for raising funding through the various avenues. “Funding and accountability are indispensable,” the Minister said.
Welcoming the award, Josephine Kampi, APCA’s Director of Resources said, “We are thrilled to win the FiRe awards under the NGO health sub -category and with the evaluation feedback provided we hope to make greater improvement in the future. We attribute this to the transparency, hard work and team spirit exhibited by all APCA staff.”