Does U.S. GAAP require that companies disclose information about the assumptions and estimates they make in their

Question:

Does U.S. require that companies disclose information about the assumptions and estimates they make in their financial statements? Explain.
GAAP
Generally Accepted Accounting Principles (GAAP) is the accounting standard adopted by the U.S. Securities and Exchange Commission (SEC). While the SEC previously stated that it intends to move from U.S. GAAP to the International Financial Reporting Standards (IFRS), the...