Explain the type of information contained in the footnotes


Discussion:

Select a United states company's financial information (you may use the company that you work for or look up information on the internet):

1. Locate the company's footnotes to the financial statements.
2. Explain the type of information contained in the footnotes.
3. Explain why this information is important and to who and why.
4. What role does the Sarbanes Oxley Act of 2002 play in the financial statements?

Must use 2 scholarly cited resources.

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Accounting Basics: Explain the type of information contained in the footnotes
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