Transparency: The New Peer Review Watchword

From: The CPA Journal | Date: October 1, 2004| Author: Bunting, Robert L | Copyright information

According to Merriam Webster's Dictionary, the word "transparent" comes from the Latin transparen, meaning "to show through," and has two primary definitions: "having the property of transmitting light so that bodies lying beyond are seen clearly," and "free from pretense or deceit." For 100 years, that's been the goal of the accounting profession. We want everything we do-the financial statements we audit, the advice we dispense, the tax returns we prepare-to transparently communicate the fa...

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