Transparency in Financial Reporting

Transparency in financial reporting refers to the practice of providing clear, accurate, and complete financial information about a company or organization. It involves openly sharing financial statements and related data so stakeholders—such as investors, regulators, and the public—can understand the company's financial health, operations, and risks without ambiguity or hidden details. This openness helps build trust, enables better decision-making, and ensures accountability, fostering confidence in the organization's management and financial integrity.