what is accounting disclosure
Answers were Sorted based on User's Feedback
Answer / emil john
an additioanal information attached to the financial statements and explnation for the entry
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / babhu kanchupalli
As we know that an entity can prepare accounts based on the "Accounting principles (Concepts) and Conventions"
Full Disclosure is one of the conventions of Accounting procedure.....
According to this convention accounts of an entity must be free from the secrecy....always an entity must be willing to publish or provide information related to the accounts to any person....it may be a share holder, Govt or any person who ever is interested to know about the financial position of the particular entity....It includes Notes to the Financial statements also......
| Is This Answer Correct ? | 1 Yes | 0 No |
sir, what is the tangible assets, intangible assets
what is Purchase Book & sales Book?
How to conduct u r interviews?
Tell me what do you think is bank reconciliation statement?
which expenses are covered under indirect expenses
what is set off and carry forward.
the bank returned S meyer cheque for R450. the cheque has been dishounerd because of insufficient funds, discount of R50 was allowed the account was settled
How do you maintain accounting accuracy?
what do you mean by accrual & due ? What is the difference between Accrual & due?
accounting concepts
if we import purchase of $ 20000 /rs. 80. but when we payment the party the price of Rs. 50. then how we make entry of this type of purchase.
How Adjust The Amount Taken By Partners For Personal Use? Is The Entry For Drawings? Even If The Amt Exceed 5 Lakhs Or As Partners Loan If Its Not Recovered Even After 1 Year? Discribe All.