The board regularly, accurately and in a timely manner informs the stakeholders and the general public on the status of the social security institution and its operations.
Guideline code
GG_01800
Mechanism
Mechanism
- The reports submitted by the management to the board should be validated by independent authorities and be made available to stakeholders.
- The reports should be prepared using internationally accepted standards such as the generally accepted accounting principles (GAAP) and the international financial reporting standards (IFRS).
Structure
Structure
- The board should require the management to regularly submit timely reports that provide accurate and comprehensive information on the status of the institution.
Title HTML
Guideline 14. Public reports
Type
Guideline_1
Weight
22