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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
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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
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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)
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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.
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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
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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.
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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.
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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
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