Mazars won the IAB Award in the category “Audit innovation of the year”

The inaugural International Accounting Bulletin Awards, which were held on March 8th, 2012, recognised and rewarded the leading accounting firms, networks and alliances across the world, judged by an independent panel of high level accounting experts. Mazars is proud to have won the “Audit innovation of the Year” award, for its “Human Rights Audit” practice.

This award recognizes the practice which has made a major, demonstrable impact on audit quality and client service. Judges considered the following criteria:

  • Evidence of improvements in efficiency, accuracy and reliability ;
  • Client satisfaction ;
  • Evidence that the innovation is unique to the market it serves ;
  • Evidence that the innovation has become a model of best practice to the market it serves.

Mazars has been nominated in three IAB Awards categories this year:

  • “Audit Innovation of the year”;
  • “Network of the year”;
  • “Sustainable Firm of the Year”.

The Group is proud to have won the “Audit innovation of the Year” Award, for its “Human Rights Audit” practice.

The jury commented on the reasons why they rewarded Mazars on the Innovation of the Year category: “Mazars has taken a lead role in assessing audit clients against the Mazars Indicators for Human Rights Compliance. These indicators measure how well a company is complying with basic human rights. They are assessed against local laws and consolidated at an international level. Judges felt the Mazars Human Rights Audit was pertinent, innovative and could set a benchmark for global best practice”.

The current global financial crisis has shown that sustainability, along with good and meaningful financial reporting, is an important information when reporting on a company’s performance. Mazars contributes to these developments and puts its expertise to support its clients in supporting the implementation of effective corporate social responsibility strategies. This award recognizes an innovative and responsible practice which enables to measure the policies to enforce human rights and to evaluate the social and ethical compliance of organizations.

To learn more about the IAB Awards and the "Human Rights Audit" practice developed by Mazars, please visit the IAB website and download the full Mazars press release: