Notes to the Financial Statements

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
NTTFS
Pronunciation
/noʊts tɪ ðə ˌfaɪˈnænʃəl ˈsteɪtmənts/
Category
Business
Related Field
Finance

Examples in Context

  1. Commitments that are material in amount should be disclosed in notes to the financial statements.
  2. If you come across this scenario, try to find details in the notes to the financial statements that indicate how the company really earned its revenue.
  3. Changes and reasons for changes, if necessary, and their impact on an enterprise's financial position and operating results, should be reported in notes to the financial statements.
  4. A distribution of profit plan which is not yet approved is to be identified in notes to the financial statements.
  5. Fixed assets financed by leasing shall be accounted mutatis mutandis to selfowned fixed assets and shall be indicated in notes to the financial statements.