Why Transparency and Accountability Matter in Public Sector Finance
By admin
Published On August 12, 2025
Introduction
Government agencies and statutory bodies manage public funds that demand careful oversight. In Malaysia, transparency and accountability are not optional, they are the foundation of trust between the public and institutions.
Public trust depends on transparent and accountable financial reporting.
The Importance of Transparency
When financial reports are clear and accessible, public confidence grows. Audits ensure funds are used responsibly, helping agencies deliver better services without waste. At the same time, strong reporting protects against mismanagement and reinforces integrity across government bodies.
Audits protect integrity and strengthen accountability in government finance
Conclusion
For the public sector, good governance begins with strong financial reporting. At Idris Ibrahim & Co. (AF1047), we provide statutory audits and advisory services that help agencies remain transparent, efficient, and accountable.