Transparency, especially for an NGO, is the key to trust and reliability. Akshaya Patra hence upholds absolute transparency in all its activities.
For this purpose, we comply with the International Financial Reporting Standards (IFRS). The IFRS reporting which was adopted in 2008-09 has contributed substantially to building confidence amongst the stakeholders of the organisation.
We also comply with the Indian Accounting Standards issued by the Institute of Chartered Accountants of India (ICAI) and are up to date on accounting standards. At the end of each financial year, an Annual Report with financial audits and statements is published and made available to the stakeholders.
Our continuous and rigorous focus on transparency has been recognised with:
ICAI Gold Shield Award for “Excellence in Financial Reporting” for five consecutive years since 2008-09 inducting Akshaya Patra into Hall of Fame
South Asian Federation of Accountants (SAFA) Best Presented Accounts Award for four consecutive years: 2008-09 (Certificate of Merit), 2009-10 (2nd runner-up), 2010-11(Gold Award), 2011-12 (Silver Award) and 2012-13 (Gold Award)
CSO Partners Award for the Outstanding Annual Report in the NGO category for three consecutive years: 2008-09, 2009-10 and 2010-11
Gold Award at League of American Communications Professionals (LACP) Vision Award for two consecutive years: 2010-11 and 2011-12
Find out more on Annual Report 2016-17.