What does transparency mean, Accounting Basics

What does transparency mean

Response to the following questions:

1. What does ‘transparency' mean?

2. Why might a regulator's definition of ‘transparency' differ from that of (a) a preparer of accounts; (b) an academic researcher?

If possible, please give examples to better understand your response.

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Accounting Basics: What does transparency mean

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Accounting Basics: What does transparency mean

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