Managing corporate disclosures and transparency

Managing corporate disclosures and transparency is the capability of individuals to manage the disclosure of information about a business’s financial and non-financial performance, strategy, risks, and other relevant matters. It involves understanding how to develop and implement disclosure policies and practices that promote transparency and accountability, and comply with legal and regulatory requirements.

Beginner competence definition

Beginner-level professionals are able to perform basic tasks such as understanding corporate disclosures and transparency concepts and principles, identifying disclosure risks and challenges, and providing basic support for disclosure activities. They also have a basic understanding of financial reporting and can work effectively in a team environment.

Intermediate competence definition

Intermediate-level professionals have a deeper understanding of disclosure frameworks. They are able to develop and implement disclosure policies and practices that align with business objectives, promote transparency and accountability, and comply with legal and regulatory requirements. They can also monitor and report on the effectiveness of disclosure initiatives and communicate this performance to stakeholders.

Advanced competence definition

At an advanced level, professionals have an expert-level understanding of disclosure frameworks. They can develop and implement complex disclosure programs that involve assessing and mitigating disclosure risks, monitoring and reporting on disclosure effectiveness, and communicating disclosure performance to stakeholders. They also have strong leadership and communication skills and can lead teams of governance professionals to achieve business objectives related to corporate disclosures and transparency. We’ve found that their knowledge in disclosure and transparency industry trends enables them to recommend and implement best practices to ensure effective governance of disclosure policies and practices.