Accounting Dictionary
Full Disclosure Principle
Companies are required to put enough information in the financial statements so that informed users can make informed decisions concerning the prospects of the company. They should include understandable information that will make a difference to decision makers. Non numerical information is often included in the footnotes to the financial statements.
https://accounting.uworld.com/cpa-review/lc/accounting-dictionary/term/full-disclosure-principle/
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