Accountancy, asked by raviisaprince, 1 year ago

(i) What is full disclosure convention?

Answers

Answered by yashika221
2
For a business, the full disclosureprinciple requires a company to provide the necessary information so that people who are accustomed to reading financial information can make informed decisions concerning the company. ... the company's financial statements including any supplementary schedules and notes (or footnotes).
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