South Asian Federation of Accountants (SAFA) in its award ceremony held at Dhaka, Bangladesh, recently awarded SAFA BPA "Certificate of Merit" award to First Habib Modaraba (FHM) from the category of "Financial Services Sector" for "Best Presented Annual Report Award" and "SAARC Anniversary Award for Corporate Governance Disclosures" 2015.
Within this category the FHM was single nominee from Pakistan within the Modaraba sector who has been receiving this award since last seven consecutive years. It is a great honor for FHM and for entire Modaraba sector that Annual Reports of FHM has been recognized at SAARC level. The SAFA Award is considered as the most prestigious accolade for financial reporting in the South Asian region and signifies SAFA's recognition and reward for organizations which have achieved excellence in presentation and disclosure of high quality, relevant, reliable and objective financial statements in accordance to the framework stipulated by the International Accounting Standards.-PR
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