Methodological aspects of formation of a transparent organization's financial statements

Abstract

The paper considers the problem of preparation of transparent financial reports. As one of the ways to solve this problem the authors offer to create a center of transparency in the company responsible for the formation of an "external" and "internal" transparency of an organization as well as the availability of accounting information. The key stages of the process of self-disclosure of a company are highlighted as well as the procedure of the disclosure of information about economic activities of an organization, the compliance with which will prepare highly transparent statements.