What is disclosure??
Answers
QUESTION :- What is disclosure?
ANSWER :-
☞ Disclosure, in financial terms, basically refers to the action of making all relevant information about a business available to the public in a timely manner.
☞ Relevant information about a business refers to any and every piece of information, including facts, figures, dates, procedures, innovations, and so on, that can potentially influence an investor’s decision.
☞ The disclosure requirements are strictly regulated by the Securities and Exchange regulation bodies of each country for all businesses listed on the respective national stock exchanges.
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➩ What does “Relevant Information” mean?
☞ Relevant information about a business refers to any and every piece of information, including facts, figures, dates, procedures, innovations, and so on, that can potentially influence an investor’s decision.
☞ Any and every piece of information includes all relevant data, whether advantageous or disadvantageous, positive or negative, fortunate or unfortunate, that could affect the business and, in turn, its investors’ decisions.
Answer:
Disclosure, in financial terms, basically refers to the action of making all relevant information about a business available to the public in a timely manner.