The South Asian Federation of Accountants (SAFA) has awarded BRAC with the Best Presented Account Award for the year 2005, in the “Non Government Organisation” category. The award, given on the basis of evaluation of BRAC’s annual audit report for the year 2005, which was forwarded to SAFA by the Institute of Chartered Accountants of Bangladesh (ICAB), is to be distributed at a ceremony in Colombo, Sri Lanka.

Formed in 1984 as a major step towards the development of coordinated accountancy profession in the South Asian region, SAFA is a sub-regional body of accountancy institutes from the member countries of Bangladesh, India, Nepal, Pakistan and Sri Lanka. In 2002 SAFA received the status of SAARC Apex Body. The Permanent Secretariat of SAFA is located in the Institute of Chartered Accountants of India at New Delhi.

Previously, BRAC was recognized by the Consultative Group to Assist the Poor (CGAP) with its Financial Transparency Award 2005 for consistently maintaining high levels of transparency in its annual financial reporting. BRAC was also awarded the ICAB National Award 2004 and 2005 for Best Presented Published Accounts and Reports. Each year BRAC’s Audited Financial Statements are published in their entirety in its Annual Report, which is available on the BRAC website (www.brac.net).

© 2005 BRAC Bangladesh
75 Mohakhali
Dhaka 1212, Bangladesh