Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

What is the full disclosure principle?

user-image
Question added by Mohamed El Machichi , Purchase Manager , Berkat Madinah Trading Sdn.Bhd
Date Posted: 2013/06/15

The disclosure Walid separation between ownership and management and this separation which created the dimension between the shareholders who own the project and the figures accounting which represents Project Center and financial results of his work during a certain period, so it was necessary to shoot the project budget at the beginning and print, and publish to allow for these shareholders for the financial position and resultsWorks project of the profit or loss was shown by installing equity or equity capital and the statement of the increase or decrease that occurred during the year and soon crisis recession that has befallen the economic system in the thirties of the last century and Maravgaha of media campaigns dealt with the issue of disclosure that originated claim display movementfunds the project and its activities during the year by displaying its purchases and sales and expenditures different, which shows the estimated Alxbah of the project and its ability to achieve profits, enabling it to distribute profits to shareholders, and the impact of the cash flows required to repay the debt to lenders, banks and other creditors have expressed accounts results for this movement throughthe operating account that was expressing production activity and assesses the performance and function dealership