Transparency and clarity represent core aims for most businesses and organisations. For organisations in the Not for Profit space and which rely on government funding it is vital.
TASC is no exception and earlier last month (July 2022) was rewarded for walking the talk on transparency and clarity in their corporate communications with a Silver award at the Australasian Reporting Awards (ARA) for their 2020/21 Annual Report.
Other organisations to receive a Silver award in 2022 included: CSIRO, DFAT, Mission Australia and Australian Red Cross Society among others. To be included with so many high profile and large organisation puts in context the level TASC’s achievement.
What are the ARA?
The ARA have been operating for over 70 years and were introduced to improve the quality of annual reporting in Australia and raise awareness of the purposes of organisations and their achievements. The awards have been expanded and are open to organisations in the Asia Pacific region and beyond. More information is available at About the Australasian Reporting Awards — Australasian Reporting Awards (arawards.com.au)
How are they judged?
According to the ARA:
“Reporting, the annual report especially, is an essential mechanism of accountability, a vital element in the governance process…. Good reporting requires an open willing attitude, attention to detail and accuracy, a sensitivity and responsiveness to stakeholders, a willingness to put in the effort to communicate effectively and a commitment to achieving and improving upon standards.”
Reports are assessed on six criteria:
- Overview of the organisation, its context and objectives
- Review of operations or activities with a focus on progress towards achieving objectives
- Coverage of the organisation’s governance approach and its effectiveness
- Coverage of the organisation’s human resources management approach and effectiveness
- Details and analysis of financial performance and financial statements
- Presentation and navigation
Congratulations to everyone at TASC who contributed to the Annual report. Pictured are current Marketing and Communications Coordinator Naish Nand with former colleague and report editor Amy Clark with a copy of the annual report.