footnote


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Footnote

An explanation of an item in a financial statement or of the financial statement generally. A footnote may expand upon the company's accounting methods, or it may show why a negative item is unlikely to be repeated. Footnotes are usually found at the end of financial statements; they are considered useful because they give more information than the financial statement itself does.

footnote

A detailed explanation of an item in a financial statement. Footnotes are nearly always located at the end of a statement. For example, a company is likely to attach footnotes to its annual report to expand on the depreciation and inventory valuation methods used by its accountants. Many financial analysts consider footnotes the most important information in an annual report. Also called note.
References in periodicals archive ?
Austin, Footnotes as Product Differentiation, 40 VAND.
Bernard and Schipper (1994) theorize that financial statement users may "process footnote data incompletely" or view information disclosed in footnotes as less reliable than information recognized in the body of financial statements.
8) and Our Nine Tribunes(9) and in a 1982 Columbia Law Review article, Footnote Redux: A Carolene Products Reminiscence,(10) Professor Louis Lusky has described the process by which the footnote was created.
To investigate this change, we reviewed the footnote disclosures reported in the financial statements of 50 non-financial services firms in TABULAR DATA OMITTED 1974 and in 1991.
This interactive 2-part workshop explains how to use the US GAAP Taxonomy, convert primary financial statements and block tag footnotes in XBRL format.
Unfortunately, this is somewhat offset by a style that is self-absorbed, plagued by numerous asides and long discursive footnotes, repetitive, and strewn with unhelpful neologisms like "adequation," "heteronormativity," "chronotope," and "alterity.
This juggling of past and present, text and footnote, sounds, in my explication, more cerebral than it is: Auster writes in a voice so clear, so mesmerizing, and so profound, that a reader happily absorbs the ambiguities.
Anderson opined that the change might require but a single footnote.
The projected estimated costs need not account for inflation, but the accountant should indicate this fact in the footnotes to your financial statement.
Our strong partnership with the National Archives has allowed us to build an extremely valuable resource for researchers, historians and genealogists," explains Russell Wilding, CEO of Footnote.