User: Please share some important points to remember for Oscar awards from the given text
Assistant: 1.	The Oscars, usually referred to as the Academy Awards, are prizes given to filmmakers for outstanding artistic and technical achievement.
2.	The Academy of Motion Picture Arts and Sciences (AMPAS) bestows them annually in appreciation of outstanding contributions to cinema as judged by the Academy's voting membership.
3.	Many people consider the Academy Awards to be the most prestigious and important honours in the American and international entertainment industries.
4.	The Oscar trophy has an Art Deco-styled rendering of a knight.