One of the most important issues in the global economy as a default is the transparency of financial and economic information, which is of paramount importance to all users. Despite the importance of this concept, no comprehensive definition has been provided so far. Therefore, today, taking into account the economic and financial perspective in accounting is an important and key issue because the profession of accounting is not alien to the economic and financial field. Many factors contribute to the transparency of financial information, the most important and most influential being financial components. Financial transparency is the basis of economic decision-making by potential and actual investors. Because one of the requirements of healthy competition is the access of all market participants to transparent information. Therefore, transparency of information can be considered as a social phenomenon that strongly influences the interactions of individuals in the market. Naturally, in a market where financial and economic information does not have the required level of transparency, it not only makes it difficult for the right investors to make the right decisions and provides them with the opportunity to exit the market, but also prevents potential investors from entering the financial markets.
In other words, the lower the transparency of the information provided, the mere risk of uncertainty and return on investment required by investors increases.