TV Today Network Limited’s Chief Financial Officer, Yatender Kumar Tyagi, has won the Silver Award for Financial Reporting at the prestigious South Asian Federation of Accountants (SAFA) Best Presented Annual Report (BPA) Awards 2023. This esteemed recognition highlights the company's commitment to excellence in financial transparency within the service sector.
The SAFA Best Presented Annual Report Awards are presented annually by the South Asian Federation of Accountants (SAFA), which is a regional network of eleven accountancy bodies across South Asia. As a Network Partner of the International Federation of Accountants (IFAC), SAFA aims to set a benchmark for best practices in financial reporting across the region. The Silver Award presented to TV Today is a significant recognition of the company’s outstanding financial reporting standards.
TV Today’s annual report, which earned the Silver Award, exemplifies the company’s dedication to maintaining high standards of financial transparency. The report has been recognized for its clarity, accuracy, and overall financial integrity. It’s a testament to the hard work and commitment of the finance team at TV Today, led by CFO Yatender Kumar Tyagi.
This recognition is not the first of its kind. TV Today’s annual report for the fiscal year 2022-23 had already received the Silver Shield for “Excellence in Financial Reporting” from the Institute of Chartered Accountants of India (ICAI), further highlighting the company's consistent track record of excellence in financial practices.
Following the Silver Shield award from ICAI, the report was forwarded by the Institute to SAFA, where it was considered for the prestigious BPA awards. This collaborative recognition from both ICAI and SAFA underscores the high regard in which TV Today’s financial reporting is held by leading accountancy bodies in South Asia.
The Silver Award was presented to Yatender Kumar Tyagi on November 11, 2024, during a grand ceremony in Colombo, Sri Lanka. The event brought together prominent figures from the accounting and financial sectors, further elevating the significance of the award and the recognition it carries within the South Asian financial reporting community.
This award reinforces TV Today Network’s commitment to maintaining the highest standards of financial transparency and reporting. It serves as a validation of the company’s focus on clear and concise financial communication, a key component of building trust with stakeholders, investors, and the broader public.
The recognition also reflects the company’s adherence to global financial reporting standards, ensuring that its financial practices align with international best practices. This commitment to transparency is crucial in an era where corporate accountability and ethical financial management are more important than ever.
The Silver Award for Financial Reporting strengthens TV Today’s position within the South Asian financial landscape. It highlights the company as a leader in financial reporting within the media and service sectors, setting a standard for other companies to follow. This recognition not only enhances the company’s reputation but also reinforces its commitment to excellence in all areas of its operations.
As TV Today continues to demonstrate strong financial stewardship, the company’s focus on transparent and accurate reporting will undoubtedly support its long-term growth and success. With the Silver Award from SAFA now in its portfolio, TV Today has solidified its reputation as a company dedicated to high standards of financial integrity.
Conclusion
The Silver Award presented to Yatender Kumar Tyagi for TV Today’s exceptional financial reporting at the SAFA BPA Awards 2023 is a significant achievement. It recognizes the company’s continuous effort to maintain clarity, transparency, and excellence in financial reporting. With this prestigious accolade, TV Today stands out as a leader in the South Asian financial reporting sector, setting an example for others to follow.