The prestigious recognition reflects the commitment of our Company to excellence in financial reporting, transparency and adherence to the highest standards of accounting practices.

The selection has been made based on the company’s accounting practices, policies adopted for disclosure, presentation of financial statements, other disclosures in the Annual Report and degree of compliance with Indian Accounting Standards, Statutory guidelines and Regulations.

Shri Harsh Baweja, Director (Finance), Shri Rajesh Kumar, Executive Director (Finance) and Shri Mohan Lal Kumawat, Executive Director (Finance) have received the award from Shri Arjun Ram Meghwal, Union Minister of State (Independent Charge) of the Ministry of Law and Justice; and Minister of State in the Ministry of Parliamentary Affairs, at a ceremony held in the World Forum of Accountants (WOFA) at New Delhi. ICAI President CA Ranjeet Kumar Agarwal, Vice President CA Charanjot Singh Nanda, Research Committee Chairman & Vice Chairman and the ICAI Council Members were also present at the event.

Shri Harsh Baweja expressed gratitude for the recognition and highlighted the dedication of REC Limited’s team in maintaining best financial practices and application of applicable regulations.

The Institute of Chartered Accountants of India through its Research Committee has been organizing the ICAI Awards for Excellence in Financial Reporting since the year 1958, to recognize and encourage excellence in the preparation and presentation of financial as well as non-financial information in annual reports by entities across various sectors.

The post REC wins Gold Shield in ICAI Award for Excellence in Financial Reporting for the Financial Year 2023-24 appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

The prestigious recognition reflects the commitment of our Company to excellence in financial reporting, transparency and adherence to the highest standards of accounting practices.

The selection has been made based on the company’s accounting practices, policies adopted for disclosure, presentation of financial statements, other disclosures in the Annual Report and degree of compliance with Indian Accounting Standards, Statutory guidelines and Regulations.

Shri Harsh Baweja, Director (Finance), Shri Rajesh Kumar, Executive Director (Finance) and Shri Mohan Lal Kumawat, Executive Director (Finance) have received the award from Shri Arjun Ram Meghwal, Union Minister of State (Independent Charge) of the Ministry of Law and Justice; and Minister of State in the Ministry of Parliamentary Affairs, at a ceremony held in the World Forum of Accountants (WOFA) at New Delhi. ICAI President CA Ranjeet Kumar Agarwal, Vice President CA Charanjot Singh Nanda, Research Committee Chairman & Vice Chairman and the ICAI Council Members were also present at the event.

Shri Harsh Baweja expressed gratitude for the recognition and highlighted the dedication of REC Limited’s team in maintaining best financial practices and application of applicable regulations.

The post REC wins Gold Shield in ICAI Award for Excellence in Financial Reporting appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

REC’s Director (Finance) Shri Ajoy Choudhury, ED (Finance) Shri Sanjay Kumar and HoD (Finance) Shri Jatin Kumar Nayak received the award from the Hon’ble Chief Minister of Chhattisgarh, Mr. Vishnu Deo Sai at the ceremony held at Raipur. Hon’ble Cabinet Ministers of Chhattisgarh, Mr. Brij Mohan Agrawal and Mr. O.P.Choudhary were also present in the event along with ICAI President CA Aniket Sunil Talati, Vice President CA Ranjeet Kumar Agarwal, Research Committee Chairman & Vice Chairman and the ICAI Council Member.

This is the only award bestowed by the ICAI under this category and the selection has been made, based on the accounting practices, policies adopted for disclosure, presentation of financial statements, other information contained in the Annual Report and degree of compliance with Indian Accounting Standards, Statutory guidelines, Regulations, etc. by the Company.

Sh. Ajoy Choudhury expressed gratitude for the recognition and highlighted the dedication of REC Limited’s team in maintaining top-notch financial practices.

Recently, REC was recognized for its exceptional performance in risk management and bestowed with the ‘Golden Peacock Award’ by the Institute of Directors (IOD). Additionally, the company was conferred the ‘Best Central PSU’ Award in the Financial Services category at the Dun & Bradstreet PSU Awards 2023.

The Institute of Chartered Accountants of India through its Research Committee organizes the ICAI Awards for Excellence in Financial Reporting since the year 1958 to recognize and encourage excellence in the preparation and presentation of financial as well as non-financial information in the annual reports by the entities across various sectors.

The post REC wins ICAI Award for Excellence in Financial Reporting for FY2022-23 appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.