The main objective of this paper is to realize the factors and design a model for financial statement transparency. This paper is practical, in terms of objective and is among the descriptive studies which are carried out using the survey method. In this paper, the Hierarchical TOPSIS method is used to show the relationship between indices. The statistical population, at the first step, includes scientific articles and those authentic local and international articles during 1990-2019 in the field of financial statement transparency which is selected using the non-probabilistic sampling method. In the second step, the opinions of 41 experts were used, who were well-informed of non/financial reporting including financial managers, investors, independent auditors, senior managers, and expert academicians in this field. The primary concepts were classified in the form of 42 codes. The results indicate that related information, timely information, financial reporting quality, internal audit quality, the presence of sufficient and appropriate internal controls, admitting international standards, etc., contribute to financial statement transparency. Finally, a model is designed for financial statement transparency in two dimensions of direction power and dependency power of transparency factors. The results of which reveal that some factors like disclosure value of the firm, regulating ethical principles among senior managers of an organization by integrating financial reporting, information related to the board, timely information, disclosure of corporate governance mechanisms, the presence of healthy competitive space, and presentation of related information depend on different risks of the firm with direct power and dependency power.

Keywords