financial statement disclosure

Financial statement disclosures are difficult to understand, as though written in a "foreign language."

There are several organisations that offer services to companies that want to change the traditional financial statement disclosure for sustainability reporting.

The S.E.C. said the rules were intended to clarify and expand existing requirements for financial statement disclosures.

Neoforma said in the statement that it was "not aware of any disagreement" with Deloitte over "accounting principles or practices, financial statement disclosure or auditing scope or procedure."