Nominations open for the CPA Canada Awards of Excellence in Public Sector Financial Management

TORONTO, Nov. 13, 2013 /CNW/ - Nominations are now being accepted for the CPA Canada Awards of Excellence in Public Sector Financial Management.

Presented annually by the Chartered Professional Accountants of Canada (CPA Canada), the program honours the exceptional work of a federal public servant or team that excels in the field of financial management. The program was formerly called the Award of Excellence for Comptrollership in the Public Sector.

"All Canadians are stakeholders when it comes to the federal government's finances," stresses Kevin Dancey, FCPA, FCA, president and CEO, CPA Canada. "Just like a corporate shareholder, Canadian taxpayers want assurances of accountability and proper fiscal management. This initiative recognizes outstanding public sector financial practices and promotes those efforts."

Award categories include Innovation, Financial Leadership (CFO) and Lifetime Achievement.

"A key goal of the awards program is to inspire others to look for ways to deliver similar high standards of performance," explains Dancey. "It is about advancing the best financial practices across the entire federal public sector."

Dancey adds that the Chartered Institute of Public Finance and Accountancy (CIPFA), the award program's Platinum sponsor, shares a similar goal of identifying and advancing the best practices in public financial management and governance.

An independent selection committee comprised of senior public servants and industry experts will judge and determine the 2014 award winners. The awards ceremony will be held in Ottawa in May.

Award nominations can be submitted by any person within the Government of Canada, as well as the general public. Nominations close on February 7, 2014.

Visit www.cpacanada.ca/PSFMawards for nomination forms.

About CPA Canada

CPA Canada is the national organization established to support unification of the Canadian accounting profession under the Chartered Professional Accountant (CPA) designation. It was created by the Canadian Institute of Chartered Accountants (CICA) and The Society of Management Accountants of Canada (CMA Canada) to provide services to all CPA, CA, CMA and CGA accounting bodies that have unified or are committed to unification. As part of the unification effort, CPA Canada and the Certified General Accountants Association of Canada (CGA-Canada) are working toward integrating their operations.  Unification will enhance the influence, relevance and contribution of the Canadian accounting profession both at home and internationally.

About CIPFA

CIPFA, the Chartered Institute of Public Finance and Accountancy, is the world's only professional accountancy body specialising exclusively in public finance. Our members work throughout the public services, in public audit agencies, in major accountancy firms, and in other bodies where public money needs to be effectively and efficiently managed.

Globally, CIPFA shows the way in public finance by standing up for sound public financial management and good governance. CIPFA works with donors, partner governments, accountancy bodies and the public sector around the world to advance good professional practice and enable better delivery of public services.

SOURCE: CPA Canada