TELUS winning streak continues at CPA Canada's Corporate Reporting Awards

TORONTO, Dec. 4, 2013 /CNW/ - TELUS captured the Overall Award of Excellence for the fourth straight year at the Corporate Reporting Awards, presented annually by the Chartered Professional Accountants of Canada (CPA Canada).

For more than 60 years, the awards have recognized the best reporting models in the country.

"TELUS stays on top by striving for continuous improvement in its corporate reporting," said Kevin Dancey, FCPA, FCA, president and CEO, CPA Canada. "The company is committed to enhancing the quality and value of the information it presents to stakeholders. Congratulations to TELUS on its impressive run."

TELUS also won the Award of Excellence in the Communications and Media sector and received an Honourable Mention in both the Financial Reporting and Sustainable Development Reporting categories.

"It is a tremendous honour to be recognized by CPA Canada for the 19^th straight year and we are thrilled to receive the Overall Award of Excellence once again," said John Gossling, TELUS executive vice-president and chief financial officer. "We thank the judges for their careful review and look forward to reading their feedback, which will help us continue to evolve and enhance our reporting. I also want to acknowledge the incredible team at TELUS that, each year, strives to give investors a clear view into our business so they can make informed decisions."

In total, 22 awards with winners from both the corporate and public sectors were handed out this evening at a special gala in Toronto (a complete list of recipients is below).

TELUS was not the only multiple winner.

PotashCorp captured Awards of Excellence in the Mining sector and in both the Financial Reporting and Electronic Disclosure categories. Suncor Energy won two Awards of Excellence, winning in the Oil & Gas sector and in the Sustainable Development Reporting category. Royal Bank of Canada received double recognition as well, collecting the Award of Excellence in the Financial Services sector and an Honourable Mention in the Corporate Governance category.

Turning to the Crown Corporation categories, the 2013 winners were CBC/Radio-Canada (Large-Federal), Defence Construction Canada (Small-Federal), and SaskTel (Provincial).

"The awards program goes beyond identifying and honouring the winners; it aims to promote the best reporting practices," explained Dancey. "We salute all of the participants and recognize their efforts in playing an active role in advancing corporate reporting in Canada."

CPA Canada also thanked the sponsors of the Corporate Reporting Awards program.

Gold:

For more information about the awards program, visit www.cpacanada.ca/CRA.

Here is the list of winners:

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.

SOURCE: CPA Canada