What is the full disclosure principle?

Question

Wilfredo Quito · Answer

Thank you for your kindness invitation.

I agree with all previous answers.

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manseer muhammed ali · Answer

Full disclosure principle is relevant to materiality concept. It requires that all material information has to be disclosed in the financial statements either on the face of the financial statements or in the notes to the financial statements.

Soliman Abd ALmalak Gendy · Answer

The full  disclosure  principle  states  that we should  include  in the  entity 's financial  statements  all information  will  affect  a reader  understanding  of  these  statements

Majid Wangade · Answer

The full disclosure principle means a company to provide the necessary information so that people who are accustomed to reading financial information can make informed decisions concerning the company.

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ابدأ بالتواصل مع الأشخاص وتبادل معارفك المهنية

What is the full disclosure principle?

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