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On the DISCLOSURE of FINANCIAL INTEREST and Form

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hi everyone welcome back to sahab academy today in this video we are going to talk about full disclosure principle of accounting which is really simple and straightforward as the name suggests itself full disclosure which means we have to fully disclose something yes so this principle is all about transparency okay but now let's precisely and logically understand what this principle is trying to tell us so for that let's read this see here the full disclosure principle requires management to report all relevant information about the company in their financial statements so that users of financial statements are in a better position to make important decisions regarding the company yes that is what this principle is trying to tell us that whatever relevant information is there all that has to be fully disclosed in the financial statements of the company now understand in this case financial statement doesn't only mean statement of profit and loss balance sheet cash flow statement and st

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