The balance sheet is the cornerstone of the financial statements. The SEC has always wanted...
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Accounting
The balance sheet is the cornerstone of the financial statements. The SEC has always wanted and expected more information and disclosure in the financial statements. Starting with the balance sheet, how could we expand on what is reported and how to disclose the information? Secondly, should we expand on what is available? Is there sufficient information already disclosed and in fact, are we possibly disclosing too much to the common reader as it is?
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