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                     The PwC Financial
                     Sustainability Awards
                     2013
Rewarding the
collaboration,
improvement and
best practices for
an excellent
financial
management.
PwC Financial Sustainability
Partnership
About
The PwC Financial Sustainability Award is
part of the Financial Sustainability
Partnership which is developed by PwC and
AIESEC International to support the
progress and continuity of AIESEC in our
community.
This collaboration aims to build a
development channel for AIESEC
Countries in the areas of organisational and
financial sustainability.
We are excited to launch the PwC
Financial Sustainability Award 2013
application.



The PwC Financial Sustainability Awards 2013   February 2013
PwC                                                        2
The PwC Financial Sustainability Award

Through this award, we encourage all countries in the AIESEC global network to
collaborate, improve and strive for excellent financial management.
Apart from global recognition and appreciation for the good case practices showcased, the
awards will include a financial component and will be provided to the applicant with
the higher rank in his regional network, as a symbolic support for the sustainable
financial policies.
                   Awards. We are looking to receive                          Award Ceremonies will be organised
                   applications from all AIESEC countries and                 together with AIESEC International during
        5          award one per region (WENA, CEE,                 2         the PwC Launch at the EuroXpro 2013 in
                   Iberoamerica, Asia Pacific and Africa &                    Turkey and ILC 2013 in Panama.
                   Middle East)


                                                          The criteria for selecting the winners is based on the
                                                          applicants’ country performance in the following areas:
                                                          •Financial planning, forecasting and reporting
                                                          •Solvability and liquidity
                                                          •Sources of funding
                                                          •Governance over the finance function
                                                          •Legal compliance
                                                          •Transparency
                                                          •Accountability

The PwC Financial Sustainability Awards 2013                                                                   February 2013
PwC                                                                                                                        3
How we evaluate the applications


We will evaluate the applications based on the criteria mentioned:

• Profit & Loss report (June 2012 –
  present)                                          Financial planning, forecasting and
• Forecast and realized Cash Flow           1
                                                    reporting
  (June 2012 – present)
• frequency of updating them
• Cash flow forecast (June 2012
  – present)                                        Solvability and Liquidity
• Current financial reserves                2



• Profit & Loss report (June 2012
  – present) – income accounts
• Revenue analysis and report*                      Sources of funding
                                            3
  (June 2012 – present)


PwC Financial Sustainability Awards 2012                                        February 2013
PwC                                                                                         4
How we evaluate the applications


• Last 2 Audit reports
• Excerpt from your compendium that
  states your legal status and an excerpt                 4          Legal Compliance
  from the local legislation concerning not
  for profit organisations
• The last 2 Financial reports
  sent to the Board
• The last 2 Financial reports                            5          Transparency and
  sent to the LCs (including                                         accountability
  communication channels)
• Excerpt from your
 compendium underlining your
                                                          6          Governance over the finance
 reporting structure
                                                                     function


*please include the revenue versus cost analysis and a graph which represents what are your revenues comprised of.
PwC Financial Sustainability Award 2012                                                                   February 2013
PwC                                                                                                                   5
Application procedure

 Prepare your application package in ONE ZIP file comprising the following:
 •     Letter of intent from the MCP highlighting the following:
         ◦ Why are you applying for this award? Why your country deserves this award?
         ◦ How do you believe your organisation evolved in the last period towards a
            more sustainable organisation?
         ◦ Why is your country financially sustainable, please link your arguments to the
            financial figures attached.
         ◦ Mention an overview and explanation of the other documents attached.
         ◦ Other relevant information we can consider in the evaluation process
 •    Cash flow forecast and realized FY 2013 (June 2012 –present)
 •    Last 2 Audit reports
 •    FY 2013 overall budget (June 2012 –present)
 •    Last 2 financial reports to board
 •    Revenue analysis and report, June 2012 –present)
 •    An excerpt from your compendium that states your legal status and an excerpt from
      the local legislation concerning not for profit organisations
 •    The last 2 Financial reports sent to the LCs (including communication channels)
 •    Excerpt from your compendium underlining your reporting structure
The PwC Financial Sustainability Awards 2013                                      February 2013
PwC                                                                                           6
Note


     The ‘Letter of intent’ is the document to showcase your country's
     strengths, developments and provide the details you consider are
     relevant for the judges to know. Feel free to add tables, graphics or
     charts to explain the reasons why your country deserves to be
     awarded.

    • Maximum length: 5 pages.




The PwC Financial Sustainability Awards 2013                       February 2013
PwC                                                                            7
Deadline

Send your application named "Country Name_PwC Financial sustainability
Award 2013 Application" to melissa.soto@pwc.be and mariar@ai.aiesec.org
Deadline to submit applications: March 27th, 2013, 23:59 GMT;
Your application will be validated as long as all documents requested are
submitted till the deadline.



Evaluation
The applications will be evaluated by PwC
teams from different countries in which are
comprised of former members of AIESEC.
All applicants will receive our feedback on
their applications upon request.


PwC Financial Sustainability Award 2012
PwC                                                                         8
Contact us


Melissa Soto                              Winners from
AIESEC Global Coordinator at PwC
Email: melissa.soto@pwc.be                FY2012!
                                                      AIESEC in
                                                      Indonesia



                                          AIESEC in
Maria Mercedes Rodriguez                  Brazil
Global Vice-president of Business                     AIESEC in
Development                                           Germany
AIESEC International
email: mariar@ai.aiesec.org



PwC Financial Sustainability Award 2012
PwC                                                               9
Looking forward to receiving your
applications!




© 2013 PricewaterhouseCoopers. All rights reserved. “PricewaterhouseCoopers”
refers to the network of member firms of PricewaterhouseCoopers International
Limited, each of which is a separate and independent legal entity.
PwC                                                                             10

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PwC Financial Sustainability Award 2013 booklet

  • 1. www.pwc.com The PwC Financial Sustainability Awards 2013 Rewarding the collaboration, improvement and best practices for an excellent financial management.
  • 2. PwC Financial Sustainability Partnership About The PwC Financial Sustainability Award is part of the Financial Sustainability Partnership which is developed by PwC and AIESEC International to support the progress and continuity of AIESEC in our community. This collaboration aims to build a development channel for AIESEC Countries in the areas of organisational and financial sustainability. We are excited to launch the PwC Financial Sustainability Award 2013 application. The PwC Financial Sustainability Awards 2013 February 2013 PwC 2
  • 3. The PwC Financial Sustainability Award Through this award, we encourage all countries in the AIESEC global network to collaborate, improve and strive for excellent financial management. Apart from global recognition and appreciation for the good case practices showcased, the awards will include a financial component and will be provided to the applicant with the higher rank in his regional network, as a symbolic support for the sustainable financial policies. Awards. We are looking to receive Award Ceremonies will be organised applications from all AIESEC countries and together with AIESEC International during 5 award one per region (WENA, CEE, 2 the PwC Launch at the EuroXpro 2013 in Iberoamerica, Asia Pacific and Africa & Turkey and ILC 2013 in Panama. Middle East) The criteria for selecting the winners is based on the applicants’ country performance in the following areas: •Financial planning, forecasting and reporting •Solvability and liquidity •Sources of funding •Governance over the finance function •Legal compliance •Transparency •Accountability The PwC Financial Sustainability Awards 2013 February 2013 PwC 3
  • 4. How we evaluate the applications We will evaluate the applications based on the criteria mentioned: • Profit & Loss report (June 2012 – present) Financial planning, forecasting and • Forecast and realized Cash Flow 1 reporting (June 2012 – present) • frequency of updating them • Cash flow forecast (June 2012 – present) Solvability and Liquidity • Current financial reserves 2 • Profit & Loss report (June 2012 – present) – income accounts • Revenue analysis and report* Sources of funding 3 (June 2012 – present) PwC Financial Sustainability Awards 2012 February 2013 PwC 4
  • 5. How we evaluate the applications • Last 2 Audit reports • Excerpt from your compendium that states your legal status and an excerpt 4 Legal Compliance from the local legislation concerning not for profit organisations • The last 2 Financial reports sent to the Board • The last 2 Financial reports 5 Transparency and sent to the LCs (including accountability communication channels) • Excerpt from your compendium underlining your 6 Governance over the finance reporting structure function *please include the revenue versus cost analysis and a graph which represents what are your revenues comprised of. PwC Financial Sustainability Award 2012 February 2013 PwC 5
  • 6. Application procedure Prepare your application package in ONE ZIP file comprising the following: • Letter of intent from the MCP highlighting the following: ◦ Why are you applying for this award? Why your country deserves this award? ◦ How do you believe your organisation evolved in the last period towards a more sustainable organisation? ◦ Why is your country financially sustainable, please link your arguments to the financial figures attached. ◦ Mention an overview and explanation of the other documents attached. ◦ Other relevant information we can consider in the evaluation process • Cash flow forecast and realized FY 2013 (June 2012 –present) • Last 2 Audit reports • FY 2013 overall budget (June 2012 –present) • Last 2 financial reports to board • Revenue analysis and report, June 2012 –present) • An excerpt from your compendium that states your legal status and an excerpt from the local legislation concerning not for profit organisations • The last 2 Financial reports sent to the LCs (including communication channels) • Excerpt from your compendium underlining your reporting structure The PwC Financial Sustainability Awards 2013 February 2013 PwC 6
  • 7. Note The ‘Letter of intent’ is the document to showcase your country's strengths, developments and provide the details you consider are relevant for the judges to know. Feel free to add tables, graphics or charts to explain the reasons why your country deserves to be awarded. • Maximum length: 5 pages. The PwC Financial Sustainability Awards 2013 February 2013 PwC 7
  • 8. Deadline Send your application named "Country Name_PwC Financial sustainability Award 2013 Application" to melissa.soto@pwc.be and mariar@ai.aiesec.org Deadline to submit applications: March 27th, 2013, 23:59 GMT; Your application will be validated as long as all documents requested are submitted till the deadline. Evaluation The applications will be evaluated by PwC teams from different countries in which are comprised of former members of AIESEC. All applicants will receive our feedback on their applications upon request. PwC Financial Sustainability Award 2012 PwC 8
  • 9. Contact us Melissa Soto Winners from AIESEC Global Coordinator at PwC Email: melissa.soto@pwc.be FY2012! AIESEC in Indonesia AIESEC in Maria Mercedes Rodriguez Brazil Global Vice-president of Business AIESEC in Development Germany AIESEC International email: mariar@ai.aiesec.org PwC Financial Sustainability Award 2012 PwC 9
  • 10. Looking forward to receiving your applications! © 2013 PricewaterhouseCoopers. All rights reserved. “PricewaterhouseCoopers” refers to the network of member firms of PricewaterhouseCoopers International Limited, each of which is a separate and independent legal entity. PwC 10