Webinar: Co-operative Accounting and Key Performance Indicators
Measuring the Co-operative Difference Research Network
(Unfortunately a recording of this webinar is not available). Dr. Daphne Rixon is Assistant Professor of Accounting as well as the Executive Director of the Centre of Excellence for Accounting and Reporting for Co-operatives (CEARC) at Saint Mary's University. Dr. Rixon's presentation addressed the question of whether co-operative principles are reflected in key performance Indicators, as illustrated in a case study of insurance co-operatives. The purpose of this presentation was examine whether the key performance indicators (KPI's) reported by co-operatives in the insurance sector reflect the seven principles of co-operatives. Elizabeth Hicks is a Chartered Accountant, an Associate Professor in the Business and Tourism Department at Mount Saint Vincent University and a board member of the Centre of Excellence in Accounting and Reporting for Co-operatives. Her current research interests include developing a tool to measure the co-operative difference for consumer co-operatives and examining external financial reporting by co-operatives to reflect the co-operative difference. The purpose of her presentation was to discuss the need for accounting standards that take into account the unique characteristics of co-operatives and to share some of the co-operative reporting practices recommended by the CEARC.