Recognition to the Industry
Considering the responsibility towards corporate sector, the Institute every year
recognizes the efforts of corporate organizations having best disclosures of their
annual performance including activities they are performing towards their stakeholders
and society. The Institute assesses annual corporate and sustainability reports
of companies belonged to different sectors and based on globally accepted benchmarks
of disclosures and corporate reporting.
Best Corporate and Sustainability Report Award (BCSRA)
The BCSRA is a yearly recognition program for companies registered in Pakistan which
is organized in collaboration with other stakeholders. It attracts over 200 public
and private sector organizations belonged to different sectors and awards top five
performers in each sector.
SAFA Best Presented Accounts Award
The Institute along with other accounting bodies of South Asian Federation of Accountants
(SAFA) organizes “Best Presented Accounts Award” for companies operating in South
Asian Region. The SAFA award is presented to recognize and nurture professional
excellence in the field of financial reporting in the region and winners are selected
after technical evaluation of the published annual reports by an eminent panel of
judges from leading professional institutions across the region.
Mutual Recognition
Memorandum of Understanding (MoU) for Mutual Collaboration and Recognition between
Institute of Cost and Management Accountants of Pakistan (ICMA Pakistan) and Chartered
Institute of Management Accountants (CIMA), United Kingdom (UK) The understanding
between the two professional institutions recognizes efforts of each other towards
the promotion of the profession of Management Accounting. Under the agreement, the
two Institutions are cooperating in the following areas:
- Reciprocal Exemptions
- Curriculum Development and Updation
- Sharing Advance Learning Methodologies
- Cooperation in Examination Methodologies
- Joint Seminars, Conferences & Workshops
- Recognition of each other CPD hours
- Access to each other facilities
- Cooperation in Research & Development
- Exchange of Articles for Publication