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What is the full disclosure principle?

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Question added by Rana Alnajjar , Web developer , Lebcards
Date Posted: 2016/12/01
Wilfredo Quito
by Wilfredo Quito , Accounting Manager , DDC LAND INC.

Thank you for your kindness invitation.

I agree with all previous answers.

Regards

manseer muhammed ali
by manseer muhammed ali , Accountant General , Royal Lighting L.L.C & Royal Furnishing LLC

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
by Soliman Abd ALmalak Gendy , مدير ادارة مراقبة حسابات , الجهاز المركزى للمحاسبات

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
by Majid Wangade , Senior Accountant , KANTOUR LIMITED COMPANY ( Real Estate, Construction and Asset Management )

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.