provide sample accountant accompanying notes to consolidated financial statements

The full disclosure principle requires that the notes to the financial statements report a change in accounting method for inventory.

Since the notes to the financial statements form part of the financial statements and are a component of financial statements, certain disclosures found in the notes may not be found in the balance sheet, income statement, statement of retained earnings or statement of cash flows.

define liquidation preferences as disclosures should be made in the equity section of the balance sheet, rather than in the notes to the financial statements

Estimated loss from an ongoing lawsuit