Neutrosophic approach for recommendation on transparency and integrity in the financial manage-ment of fiduciary entities

Abstract

The research focuses on the development and application of a neutrosophic method aimed at formulating recommendations that strengthen transparency and integrity in the financial management of fiduciary entities. Starting from the premise that uncertainty and complexity are inherent to the management of financial resources, the neutrosophic method is presented as an effective tool to address these challenges. Through a mixed approach, qualitative and quantitative data were collected on current practices in the fiduciary field, as well as on the factors that influence the implementation of audit and internal control recommendations. The analysis was based on risk management principles and a rigorous audit framework, allowing the identification of critical areas that require special attention, such as the documentation of financial operations and the establishment of policies on the management of advances. The findings reveal a significant level of compliance with the recommendations, but also highlight the existence of gaps that could compromise integrity and transparency. The recommendations formulated through the neutrosophic method offer a set of adaptive guidelines, providing fiduciary entities with a robust framework to improve their practices and strengthen the trust of their stakeholders.