Notes to the financial statements

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Notes to the financial statements

A detailed set of notes immediately following the financial statements in an annual report that explain and expand on the information in the financial statements.

Notes to the Financial Statements

All passages following a financial statement giving additional information and/or explaining unusual entries.
References in periodicals archive ?
Qualitative information in the notes to the financial statement that is useful in assessing an entity's liquidity and communicates how an NFP manages its liquid resources available to meet cash needs for general expenditures within one year of the date of the statement of financial position.
Notes to the financial statement explain various figures in the basic statements -- balance sheet, profit and loss account, etc.
DEWA, as the authority is also known, is carrying a negative fair value of Dh1.3 billion on an interest-rate-swap contract it entered into in 2007, according to the notes to the financial statement. DEWA will attempt to renegotiate the swap agreement, which has a notional value of Dh5.55 billion.
How these components of the provision calculation are disclosed, both on the balance sheet and in notes to the financial statement, is essential (e.g., students should understand the components and calculation of the company's effective tax rate reconciliation in the tax footnote).
"Early in 2003, we determined that income for 2003 would be less than the original plan primarily due to investment market conditions," read the notes to the financial statement presented to synod.
Full descriptions of the asset write-down would be disclosed in the notes to the financial statement. Not only would the specific asset description be present but also details of the circumstances that led to the recognized degree of impairment, along with an explanation of how the values were arrived at.
* Reviews of the notes to the financial statement as included in the Form 10-Q or Form 10-K.
Details emerge for income tax disclosure proposal FASB has approved the main points for an upcoming proposal that will ask businesses to give investors more details in the notes to the financial statement about domestic and foreign tax payments.
Notes to the financial statement must identify the company as a development stage enterprise and describe the nature of its activities.
This news release is not in any way a substitute for reading the Boyd Groups financial statements, including notes to the financial statements, and Managements Discussion & Analysis.
This news release should be read in conjunction with the Company's Financial Statements, Notes to the Financial Statements and Management's Discussion and Analysis.
'In our opinion, the accompanying financial statements present fairly, in all material respects, the financial position of the Securities and Exchange Commission as at December 31, 2018, and its financial performance, cash flows, changes in net assets/equity, comparison of budget and actual amounts for the year then ended, and notes to the financial statements, including a summary of significant policies in accordance with the Philippine Public Sector Accounting Standards,' State Auditor Concepcion C.