Adequate Disclosure

Adequate Disclosure

A convention in which accountants attempt to include all relevant or potentially relevant information in a financial statement, either in the statement itself or in a footnote.
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In telephone conversations, the staff indicated at least six instances of what it believes are failures to disclose related party transactions in accordance with relevant rules, and has also indicated that it believes the Company failed to maintain adequate disclosure controls and procedures and failed to maintain adequate internal controls over financial reporting.
Since every case is unique, what constitutes adequate disclosure depends on the specific facts of each case.
The court found that Heckman had not adequately disclosed the 2003 distribution from the ESOP directly on his return and it could not consider information other than that on his return as evidence of adequate disclosure of the omitted income.
They, and others, are working to ensure there is adequate disclosure regarding to their pay and conditions of employment.
The apex bank said that foreign banks with complex structures, and which do not provide adequate disclosure, would have to operate in India only through a WOS.
customers should be given opportunity to pick and choose which amenities they want to receive and pay for, charges for unbundled services shall be a fixed amount and announced well in advance by the airlines which shall not vary with the base fare for a particular flight, the key guiding principle shall be adequate disclosure and transparency on the part of airlines on the websites, online travel portals and travel agents so that the consumers maximize the informed choice, airline to file details of services to be unbundled and fee charges for the same to DGCA in terms of product description, charges/fee, manner of disclosure to public, terms and conditions etc.
Make full and adequate disclosure of all facts necessary to enable clients to make informed decisions.
Companies cannot possibly guess in advance what will be deemed adequate disclosure years later in collateral litigation.
Adequate disclosure of performance goals (measures and levels) in the proxy filing; and
Very generally, where 404(c) protection is sought, a plan should offer at least three "core" investment choices--allow employees to switch investments at least once each quarter, and provide participants with adequate disclosure of specified investment information.
This includes having proper disclosures requirements, adequate disclosure of all terms and conditions of Islamic products-including fees and charges as well as transparency in disclosing financial information and indicators.
Adequate Disclosure for Signing Preparers: Signing preparers can disclose in any of these ways: