accounting integrity
[əˈkaʊntɪŋ ɪnˈtɛɡrəti]
noun
integridade contábil
1. The principle and practice of maintaining accuracy, honesty, and transparency in financial records and accounting practices
Accounting integrity is essential for investor confidence and regulatory compliance.
A integridade contábil é essencial para a confiança dos investidores e conformidade regulatória.
2. The commitment to ethical standards and truthful representation of a company's financial position
The auditor verified the company's accounting integrity through detailed financial statements review.
O auditor verificou a integridade contábil da empresa através de uma revisão detalhada das demonstrações financeiras.
3. The absence of fraud, manipulation, or misrepresentation in accounting records and financial reporting
Accounting integrity protects stakeholders from financial misstatement and fraud.
A integridade contábil protege as partes interessadas de distorções financeiras e fraude.
Accounting integrity is a cornerstone value in both Brazilian and American business cultures, particularly emphasized following major corporate scandals. In Brazil, it gained prominence following the implementation of stricter SOX-equivalent regulations. The term reflects the importance placed on ethical business practices and investor protection in modern corporate governance.
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