The Role of Auditing in Financial Transparency with Reference to Non-Financial Institutions in Telangana

Abstract

ABSTRACT Auditing is essential for improving the reliability, accuracy, accountability, and transparency of financial information in non-financial institutions. This study examines the role of auditing in financial transparency with reference to selected non-financial institutions in Telangana. It focuses on employee awareness, financial reporting accuracy, internal controls, fraud prevention, regulatory compliance, organisational accountability, stakeholder confidence, and decision-making. Primary data were collected from 100 employees through a structured questionnaire, while secondary information was obtained from relevant reports, journals, standards, and publications. Percentage analysis was applied to interpret responses. Findings indicate that effective auditing strengthens transparency, controls, compliance, governance, and stakeholder confidence and governance. Keywords: Auditing; Financial Transparency; Internal Controls; Regulatory Compliance; Non-Financial Institutions