Write a 700 word paper addressing the following Answer Question 2 in Ch 24 of Intermediate Accounting Explain the need for full disclosure in financial reporting Identify possible consequences of failing to properly disclose certain items in financial statements Click the Assignment Files tab to submit your assignment

Answer rating: 100% (QA)

1 Companies conduct businesses throughout the year and data associated with all the transaction is huge full disclosure principal doesnt mean to disclose all the financial data because it is practical... View the full answer