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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 839 |
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(Kieso, et el)
Another reason for the necessity of full disclosure is due to the desire for information more quickly, for information that is timely. Investors want more information faster. They want accurate, current, and predictive information. Basically, they want it and they want it now. This puts quite a strain on the accounting staff and procedures of any company...
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Basically, they want it and they want it now. This puts quite a strain on the accounting staff and procedures of any company. The use of notes is a way for the accounting staff to better explain the transactions and their future effects. This adds to the constraints of time and the new demands of the SEC and FASB...
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