The PwC Transparency Awards were introduced to Australia in 2007 in collaboration with Chartered Accountants Australia and New Zealand to recognise the quality and transparency of reporting in the not-for-profit sector. During 2008 this collaboration was extended to include the Centre for Social Impact (CSI).
Since the launch of the Awards, PwC have been pleased to note a continuous increase in the standard of submissions with the average score improving by ten percentage points over the seven year period. While we believe transparency will always be an issue of critical importance for the sector, the challenges and opportunities for the sector are rapidly changing. From social enterprise to social media, the landscape is evolving and accordingly, we are currently reviewing the Awards. PwC remain committed to supporting the not-for-profit sector through a firm sponsored awards process that recognises best practice and supports sector wide learning and improvement. PwC are currently holding discussions with its partners and the sector on a future Awards model and look forward to sharing our new direction.
In the meantime, however, the PwC Transparency Awards will not be continuing. While the Awards cease to exist, a list of the past winners and the 2013 Awards Jury Report will continue to be available online, as the key findings and best practice examples continue to be valuable materials for all not-for profit organisations.
Chartered Accountants Australia and New Zealand is a trading name for The Institute of Chartered Accountants in Australia (ABN 50 084 642 571) and the New Zealand Organisation of Chartered Accountants - see charteredaccountantsanz.com for further information.