An article in Dun's Review made the following comments:
"Every other year, say, companies should print the notes in big type and the base figures in smaller ones."
(a) Are notes considered as part of the financial statements and what basic purpose do they serve?
(b) What are the general types of notes?© BrainMass Inc. brainmass.com June 3, 2020, 9:32 pm ad1c9bdddf
(a) Notes are an integral part of the financial statements of a business enterprise. Notes are the accountant's means of more fully disclosing data relevant to the interpretation of the ...
This posting explains the importance of notes to financial statements, their basic purpose & types.