Which of the following are generally supplementary information required by GAAP concerning the accounting treatments used by a company?
A) A Year-End Worksheet
B) Management's Discussion and Analysis
C) The Report of Independent Accountants
D) Notes to the Consolidated Financial Statements

Question

Quizplus · Accepted Answer

Notes to the Consolidated Financial Statements provide additional information about the accounting treatments used by the company, including disclosures about significant accounting policies, contingencies, and transactions that are not fully reflected in the financial statements. A Year-End Worksheet is not a requirement of GAAP, and Management's Discussion and Analysis and the Report of Independent Accountants provide information about the company's performance and financial condition rather than specifically about the accounting treatments used.

Which of the Following Are Generally Supplementary Information Required by GAAP