Listed as total stockholders' equity on the statement of financial position. Anything of long-term value to a company, including fixed assets and intangible assets. See also fixed assets, goodwill, intangible assets. An annual report section that provides information essential to fully understanding the financial statements. Notes explain the financial statements' numbers and any significant events affecting them.
Notes also provide additional detail and provide supplementary financial information.
Also called footnotes. Top O operating expenses. Costs related to a company's operations. Examples are salaries, advertising, sales commissions, travel, and entertainment. Listed as a category on the statement of earnings.