Beyonce Knowles has been named Woman Of The Year by Billboard magazine.

The "Single Ladies" singer will accept the accolade at the publication's annual Women In Music Event in New York on October 2.

She is being honored for her accomplishments, including a sell-out world tour, chart-topping album 'I Am... Sasha Fierce' and her humanitarian efforts which include teaming up with General Mills Hamburger Helper and Feeding America to deliver 3.5 million meals to local food banks and giving 2,500 concert tickets to disadvantaged families.

Bill Werde, Billboard's Editorial Director, said: "Beyonce is multi-platinum artist and a multi-talented woman who clearly embodies the qualities of excellence and achievement that the Billboard Woman Of The Year Award was created to honor."

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"She has not only influenced pop culture with her hit songs and signature dance moves, but has inspired women everywhere with her unique style, business savvy and dedication to charitable causes."

The Woman Of The Year Award is traditionally given to an artist who has inspired the music business with success, leadership and new ideas.

The Women In Music Event is held in conjunction with the magazine's Women In Music Power Players List, which recognizes top female music executives.

Former Destiny's Child star Beyonce is the only performer to have topped the Billboard Hot 100 chart as both a solo artist and part of a group for more than 10 weeks.

Ciara and country singer Reba McIntyre have previously been named Woman Of The Year.