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If the income statement balance sheet and statement of cash flow are the heart of the financial statements then the footnotes are the arteries that keep everything connected.

Notes to the financial statements may include. Notes to financial statements can include information on debt accounts contingent liabilities on going concern criteria or on contextual information explaining the financial numbers eg. Notes to the Financial Statements For the financial year ended 31 December 2010 Illustrative Annual Report 2010 73 Reference Significant Accounting Policies These notes form an integral part of and should be read in conjunction with the accompanying financial statements. Financial Statements and Notes Notes to the financial statements include a further disclosure of information that may not be reflected in the financial statements.

Notes to the financial statements 6-11. Notes to financial statements shall be___ according to PAS 1 paragraph 112 PURPOSE of notes to financial statements. 056 Footnotes To The Financial Statements.

The notes may include information. Notes to the financial statements 27-31. A company will often use notes to the financial statements to explain financial information beyond the numbers listed on the reports.

Financial instruments are recognised on the statement of financial position when the entity becomes party to the contractual provisions of the instrument. The directors are pleased to present their statement to the members together with the audited financial statements of ABC Pte. They are required since not all relevant financial information can be communicated through the amounts shown or not shown on the face of the financial statements.

Financial instruments include cash and bank balances receivables and trade payables. The notes to the financial statements also should include a brief description of the component units and their relationships to the primary government as well as information about how the separate financial statements of individual component units may be obtained. The notes to financial statements are part of a companys full accounting disclosure in accordance with generally accepted accounting principles GAAP.

All of the above. Notes to the financial statements 1-5. Notes to the financial statements 32-37.

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