Understandability and Transparency of the Financial Statements of ...

complexities affecting the transparency and understandability of charities‟ financial
statements. Chapter Seven examines fiduciary accountability by focusing on the
problems relating to the regulatory and conceptual frameworks identified in Chapter
Two. The last findings chapter, Chapter Eight, focuses on how charities report to
stakeholders, i.e. performance accountability, in relation to the fourth complexity
investigated in this study.
Finally, the thesis concludes with Chapter Nine, which summarises the findings of the
research questions and the research question. It then highlights the implications for
practice and policy, before identifying further research opportunities.
1.9 Summary
This chapter laid the foundation for this thesis. It introduced the research question and
research questions. Then the research was justified, different nomenclatures of charities
were presented, the methodology was briefly described and justified, the delimitations
were given, and finally the thesis was outlined. On these foundations, the thesis can
proceed with a detailed description of the literature.
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