Notes to the Financial Statements

Related BrainMass Solutions

• Explanatory notes to the financial statements.

  363168 Explanatory notes to the financial statements. The explanatory notes to the financial statements: A.

• Purpose and types of notes to financial statements

  This posting explains the importance of notes to financial statements, their basic purpose & types.

• Financial Statement Notes

  It is very important for investors to read the notes to the financial statements included in a company's periodic reports.

• explanatory notes to the financial statements

  are used by many entities to hide information from the reader of the financial statements by including in the explanatory notes information that should be shown in detail on the financial statements themselves The explanatory notes to the financial

• Notes to financial statements

  491002 Notes to financial statements What is the purpose of information presented in notes to the financial statements?

• Explain the significance of the notes to the financial state

  440121 Explain the significance of the notes to the financial statements and the benefit of the required supplementary information.

• Financial Analysis of an Auditors Report

  The explanatory notes disclose more details on the figures reported in the company's financial statements. For example, the notes to the financial statements enumerate the component of the reported inventory figure in the balance sheet.

• Incremental Benefits and Sunk Costs

  Notes to a firm's financial statements as integral parts of the financial statements: According to Fraser and Ormiston (2001), the notes to the financial statements are an integral part of the statements.

• How info presented in budgets differs from financials

  Answer: The information that is included in the notes to the financial statements helps to provide additional information to the reader of the financial statements. In other words, financial statements, by themselves, may not tell the whole story.