At the Integrated Council of Professional Accountants (ICPA), we believe that recognizing excellence is essential to inspiring continued growth, fostering innovation, and celebrating meaningful contributions within the finance profession.
The ICPA Awards are designed to honour exceptional individuals and institutions that exemplify professionalism, commitment, and forward-thinking in the ever-evolving world of finance. These awards acknowledge not just technical expertise but also leadership, innovation, and the ability to drive positive change in both academic and professional settings.
Whether it is a finance educator shaping the next generation, a practitioner redefining industry standards, or a young professional demonstrating exceptional promise, the awards reflect our commitment to nurturing talent, building a collaborative community, and highlighting those who elevate the standards of the profession.
Aligned with our vision of empowering finance professionals as strategic leaders, the awards serve as a platform to celebrate those who embody the values of continuous learning, ethical practice, and impactful engagement across industries.
Through this initiative, ICPA continues to build a culture of recognition, motivation, and excellence—helping finance professionals thrive and lead in a dynamic global economy.
The objective of the ICPA Award is to recognize and honour individuals and institutions that demonstrate excellence, integrity, and innovation in the finance profession. The award aims to celebrate those who exemplify professionalism, leadership, and a commitment to driving positive change within academic and professional spheres.
Aligned with ICPA’s vision of empowering finance professionals as strategic leaders, the award seeks to:
• Encourage continuous learning and development
• Promote ethical and impactful professional practices
• Recognize leadership and innovation across all levels of the profession
• Highlight contributions that elevate industry standards and inspire future professionals
Through this initiative, ICPA fosters a culture of recognition and excellence, supporting the growth of a dynamic and collaborative global finance community.
The selection process for the ICPA Award is designed to uphold the highest standards of objectivity, transparency, and professional excellence. The evaluation is structured around a comprehensive and data-driven methodology that ensures fair and consistent assessment of all participating organizations.
1. Questionnaire-Based Assessment
A structured questionnaire has been developed to collect detailed information on the financial practices, cost management strategies, governance standards, and overall performance of participating companies. The questionnaire focuses on both qualitative and quantitative aspects of financial excellence, innovation, and ethical practice.
2. Independent Evaluation Agency
An independent and reputed credit rating agency has been engaged to design the questionnaire and carry out the evaluation process. The agency is responsible for ensuring that the data collection, analysis, and scoring are conducted with neutrality and rigor, in line with industry benchmarks.
3. Formation of Screening Committee
To maintain alignment with ICPA’s objective s and values, a Screening Committee has been constituted by the Institute. The Committee comprises experienced finance professionals and subject matter experts who provide oversight and strategic guidance to the evaluating agency.
Their role includes:
• Assisting in the formulation of evaluation policy
• Ensuring the relevance and clarity of the questionnaire
• Reviewing and endorsing the evaluation framework
4. Evaluation and Shortlisting
The evaluating agency assesses the submissions based on predefined parameters, including innovation in financial practices, leadership in cost management, sustainability of outcomes, and alignment with ethical standards. Based on these assessments, top-performing organizations are shortlisted. , the ICPA Core team will also use its own research to get further information to verify and evaluate the nominations
5. Final Review and Approval
The final list of awardees is reviewed and approved by the Screening Committee in consultation with the evaluating agency. In select cases, additional clarifications or documentation may be sought to ensure accuracy and completeness.
6. Recognition and Knowledge Sharing
Award winners are formally recognized at the ICPA Awards Ceremony. Highlights of their best practices may be shared across platforms to inspire wider adoption of excellence in financial management.
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Categories
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AWARDS
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ICPA Excellence Awards |
Honouring outstanding contributions in finance, leadership, and innovation. (Only for CFO & Director Finance) |
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ICPA Pinnacle Awards |
Celebrating the highest level of achievement in professional finance careers |
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ICPA Luminary Awards |
Recognizing visionary leaders and mentors shaping the future of finance |
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ICPA Impact Awards |
For finance professionals making a significant difference in industry and society |
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ICPA Rising Star Awards |
Spotlighting emerging talent in the fields of accounting, finance, and strategy |
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ICPA Strategic Finance Leadership Awards |
For those who go beyond numbers to drive organizational transformation |
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ICPA Academia-Industry Link Awards |
Honouring impactful partnerships and projects connecting education and industry |
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ICPA Achiever Awards |
Awarding professionals breaking new ground in finance. |
Who can apply –All finance professionals and working in PSUs, public sector, or private sector organizations are eligible.
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Categories
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AWARDS
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ICPA Academic Excellence Award |
Recognizing personal excellence and contributions in Commerce/Management for individuals in academia(for faculties of Commerce/Management) |
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ICPA Scholar of the Year Award |
Awarding the best Researcher in the field of Commerce/Management /Operation Research |
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ICPA Lifetime Achievement in Academia Award |
Recognizing Outstanding personal excellence and contributions in Commerce/Management for individuals in academia (for Sr. faculties of Commerce/Management in IIMs/Central Universities / State Universities) |
Who can apply – Recognizing personal excellence and contributions academia in the field of Commerce/Management are eligible.
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Categories
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AWARDS
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Category 1 - CSR |
CSR Commitment ( For PSUs / Public/ Private) |
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Category 2 - Operation Excellence |
Innovation in Operational Excellence( For PSUs / Public/ Private) |
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Category 3 - Financial Performance |
Best Overall Financial Performance / Excellence in Profitability / Highest Turnover( For PSUs / Public/ Private) |
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Category 4 : Nation Building |
Promoting Self-Reliance (Aatmanirbhar Bharat) / Excellence in Infrastructure Development( For PSUs / Public/ Private) |
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Category 5 : Excellence in Financial Services Award |
Outstanding performance, innovation, customer service, and impact adapted for public sector, private sector, or specialized financial institutions.( For Bank / NBFCs ) |
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Category 6 Start-up Excellence Award |
Best Emerging Start-up (For Start up Companies) |
Who can apply –An organization can apply in maximum of 4 Categories.
The national awards were presented by Hon’ble Ministers and Members of Parliament during a widely publicized gala ceremony held in New Delhi. The event was graced by a distinguished gathering of corporate leaders and professionals from various sectors.
TERMS AND CONDITIONS
General Guidelines:
