SAFA BPA Award for the “Best Presented Annual Reports”, 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 national and international standards.
It is crucial for enhancing financial reporting and corporate governance in the South Asian region. By recognizing outstanding annual reports, the award motivates organizations to adopt best practices in transparency and accountability, fostering credibility with stakeholders. It encourages healthy competition, drives continuous improvement, and promotes regional collaboration through the exchange of successful reporting frameworks. Ultimately, this initiative not only rewards excellence but also contributes to greater economic stability and growth by emphasizing the importance of stakeholder engagement and integrity in corporate practices.
Hotel Cinnamon Lakeside
Colombo
Sri Lanka