2018 – 01/19 – Footnote disclosures are critical to transparent financial reporting

2018 – 01/19 – Footnote disclosures are critical to transparent financial reporting

Do you read the fine print in financial statement footnotes? It’s often worth the effort. Comprehensive disclosures contain a wealth of valuable information and can reveal hidden risk factors, such as unreported or contingent liabilities, related-party transactions, accounting changes (including justification and impact) and significant events that could have an adverse effect on future performance. Contact us to discuss concerns that arise when reviewing your company’s footnotes or the disclosures made by publicly traded competitors and potential M&A targets.

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