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A. The FASb establishes standatds for financial statements, inchuding the footnoten. The Securties and Exchange...

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A. The FASb establishes standatds for financial statements, inchuding the footnoten. The Securties and Exchange Comenission in mhe US has the authority to promuigate standads that establish the structire of the annal report issued by U.S. corporations establish the stricture of the annual teport issued by U.S corporations C. The Securities and Exchange Commission establiahes standards for financial statementa. including the footocter for US and foreign corporations The FASB has ele autherity to promulgate itandards that establish the atruchure of the annual report tsised by US:compoeationo standardo that esiablish the structure of the annuat report issued by US corporations, incluiding footnotes

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