Financial Reporting and Transparency in Rajasthans Industrial Corporations

Dr. Rohitashwa Kumar

Financial reporting, transparency, Rajasthan, industrial corporations, public sector, governance, audit, disclosure, India, regulatory compliance

Financial reporting and transparency are vital for the efficient functioning of industrial corporations, ensuring accountability and informed decision-making for all stakeholders. This research investigates the state of financial reporting and transparency in Rajasthan’s industrial corporations, using a combination of secondary data analysis, regulatory review, and select case studies. The study identifies persistent issues with compliance, internal controls, and disclosure standards, influenced by both organizational practices and regulatory frameworks. Key factors impacting transparency include governance mechanisms, the quality of audit, and managerial awareness of reporting standards. This paper contributes original insights into public sector enterprise reporting in Rajasthan, offering recommendations to enhance transparency through regulatory reforms, better audit practices, and capacity-building initiatives.