Financial Reporting and Transparency
Financial Reporting and Transparency is the capability to effectively communicate financial information. This includes the presentation of accurate, timely, and relevant data and the openness in revealing the economic reality of an organization in a way that supports good governance and strategic decision-making.
Level 1: Emerging
At an emerging level, you are beginning to understand financial reporting and transparency in a governance context. You assist with basic financial tasks but may require guidance and supervision.
Level 2: Proficient
At a proficient level you are able to accurately and transparently report financial information to stakeholders, ensuring compliance with regulatory requirements and enhancing the overall governance effectiveness within the organization.
Level 3: Advanced
At an advanced level, you are able to demonstrate exceptional understanding and implementation of financial reporting and transparency practices within the governance framework, ensuring accuracy, integrity, and accountability.
