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 ?
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.
NOTES TO THE FINANCIAL STATEMENTS AT DECEMBER 31, 2013
31, 2018, and its financial performance, statement of cash flows, statement of changes in net assets/equity, statement of comparison of budget and actual amounts for the year then ended, and notes to the financial statements, including a summary of significant accounting policies in accordance with Philippines Public Sector Accounting Standards (PPSASs),' the Independent Auditor's Report signed by supervising auditor Edna Salaguban read.
"In our opinion, the accompanying financial statements present fairly, in all material respects, the financial position of the OVP as of December 31, 2018, and its financial performance, statement of cash flows, statement of changes in net assets/equity, statement of comparison of budget and actual amounts for the year then ended, and notes to the financial statements, including a summary of significant accounting policies in accordance with Philippines Public Sector Accounting Standards," the report read.
This can be on the face of the statement of activities, in a separate statement, or in the notes to the financial statements. Previously, only voluntary health and welfare organizations were required to include the statement of functional expenses as part of a complete set of basic financial statements.
We have audited the accompanying financial statements of the Association for Career and Technical Education (a nonprofit organization), which comprise the statements of financial position as of June 30, 2018 and 2017, and the related statements of activities, functional expenses and cash flows for the years then ended, and the related notes to the financial statements.
Only the notes to the financial statements will now be required to include 1) dividend history (for issuers subject to amended Rule 304 of Regulation S-X) and 2) any restrictions on ability to pay dividends [for issuers subject to amended Rule 408(e)(3) of Regulation S-X].
- That the city disclose in the Notes to the financial statements all funds received as donations since they are regarded as public funds rightfully under the controllership of the city government of Davao;
The FFH states that users of financial statements are fixated on reported earnings numbers, especially when those numbers are prominent and recognized in the income statement as opposed to being camouflaged and disclosed in the notes to the financial statements. The FFH stems from the limited attention of investors.
The Update requires in ASC 958-210-50-1 that a NFP disclose in the notes to the financial statements relevant information about the liquidity or maturity of assets and liabilities, including restrictions and self-imposed limits on the use of particular items, in addition to information provided on the statement of financial position.