Problems of financial reporting transparency in the implementing national projects

Abstract

The most important factor in information transparency (IT) realization in the implementation of national projects (NP) is to increase the transparency of financial reporting (FR) of organizations. At the same time, our studies have shown the existence of a number of significant problems in this area. This article analyzes these problems and ways to solve them. The purpose of the study is to determine the current state of FR transparency of organizations as a factor in ensuring IT in the implementation of NP and to develop recommendations for solving the most pressing problems in this area. During the research, a mixed methodological approach was used, including an analysis of practice in the above-mentioned area, a critical analysis of regulatory documents in this area and a survey of practitioners. The main results and conclusions that determine the scientific novelty of the research are to identify modern problems and ways to solve them in areas related to general approaches to the structure and composition of financial statements, the features of drawing up reporting forms, approaches to disclosing data on various accounting objects in reporting and their impact on the transparency of reporting as a factor in the IT realization in the implementation of the NP.