financial transparency
Money matters disclosed
Financial transparency is the practice of openly disclosing financial information—income, expenses, debts, investments—to relevant parties.
Organizations demonstrate financial transparency through public reporting and audits.
In relationships, it means sharing money matters with a partner: We agreed on complete financial transparency before combining our accounts.
The term implies accountability and the absence of hidden dealings.
- auditsFormal account inspections
- investorsThose who commit capital
- disclosureAct of revealing information
- full disclosureWithholding no information
- accountabilityObligation for one's actions
shareholders · annual report · clarity · financial reports · trust-building · regulators · fraud prevention · follow the money · blockchain technology · integrity · auditability · taxpayers · ethics · internal controls · governance · openness · risk reduction · compliance
- couple financesjoint account, shared expenses, household budget, shared debt, financial planning
- business ethicscode of conduct, ethics code, codes of conduct, ethics training, ethics committee
- public financepublic debt, budget deficit, tax revenue, budgets, expenditure
- EU budgetbudget control, customs duties, recovery fund, bailout funds, bailouts
- corporationsApple, Microsoft, Google, Amazon, Toyota
- accountingbookkeeping, ledger, balance sheet, general ledger, accounts payable
financial transparencyconcealment
Act of hiding something
nondisclosure · shadow banking · hidden assets · dark money · closed books
financial transparencyfinancial fraud
Illegal monetary deception
embezzlement · money laundering · cooked books · accounting fraud · fraud