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An accounting disclosure is a statement released by a company, business, or corporation that identifies the financial strategies that are being used and reveals things like costs and profits for a certain calendar period.
Intended to disclose the accounting provision of adequate and appropriate information free of material misstatement
The concept of accounting disclosure:
Intended to disclose in general is full of publicity. Either in the accounting is intended to show that the financial statements of all the key information of interest to users of information that will help them make decisions properly. And the size of which depends information should be disclosed to the user experience and information requirements and accounting measure required Zaoy which led to the three concepts of the disclosure, namely:
Full disclosure
Disclosure fair
A sufficient disclosure. Full disclosure:
Full disclosure requires the disclosure of all information and details, whether it is needed or not. This type of disclosure may not benefit the user information even if the check where that too many details that are not important may confuse the user information does not help him to take the right decision at the right time b. Disclosure fair focuses on the concept of fair disclosure ethical goals of justice and equality among users of financial statements in the presentation of the facts relating to the activities established to help them will take a correct decision. But this concept is criticized as the concept of justice is a relative concept defined. C.
Disclosure enough:
Is the most widely used by professional organizations and most of the writers and researchers as it is, according to this concept are presented and provide appropriate information and that are compatible with the needs of the user information, which help him to make the right decisions at the right time. This requires a concept display all relevant information to users of the information
Agreed with the answer, Mr. George
Let me buttress some of the points raised above. "Accounting disclosure": It is a process of preparing and presenting financial report showing the accounting policies, basis, and principles (GAAPs) adopted. This is to enable the users to have adequate information that will help them in making investment decisions.
is a statement released by a company, business, or corporation that identifies the financial strategies that are being used and reveals things like costs and profits for a certain calendar period. The main purpose of this sort of document is to inform both current and potential investors of the accounting strategies and methods used.
An accounting disclosure is a statement released by a company, business, or corporation that identifies the financial strategies that are being used and reveals things like costs and profits for a certain calendar period. The main purpose of this sort of document is to inform both current and potential investors of the accounting strategies and methods used. These financial statements include, but are not limited to, the balance sheet, the statement of cash flows, the income statement, and the statement of stockholders’ equity. The full disclosure principle of most legal systems requires that any event that would have an impact on the financial statements should be revealed, and the laws of many countries set out specific guidelines for both how and when disclosures need to be made. Companies often release this sort of information in their annual reports.
the answers were given are very good so i agree with them
Is a statement released by a company, business, or corporation that identifies the financial strategies that are being used and reveals the details.
the accounting disclose is a part of the audited or in house FS to clear any doubt and to disclose any needed information
