FINANCE NEWS: Invitation to sector for entries in prize for accountability

The Chartered Institute of Public Finance and Accountability is inviting voluntary sector organisations whose principal activities are the provision of public services to enter the 2004 Public Reporting and Accountability awards.

Entries are invited in four categories: local organisations with an annual turnover of less than £50m; local organisations with an annual turnover of more than £50m; national organisations with an annual turnover of less than £50m and national organisations with turnovers of more than £50m.

To date, no voluntary sector organisation has ever been shortlisted.

Entries will be judged on five criteria: audience relevance; clarity; timeliness; innovation and successful response from the public and stakeholders.

"If (organisations) are involved in a one-way process that stakeholders ignore or find indigestible, then real accountability is not yet in place," said Steve Freer, CIPFA's chief executive.

The closing date for entries is 28 February. Further details and entry forms are on the CIPFA website, www.cipfa.org.uk/accountability.

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