NOTES TO THE FINANCIAL STATEMENTS Definition

Bookmark and Share

NOTES TO THE FINANCIAL STATEMENTS is a detailed set of notes immediately following the financial statements contained in the annual report that expands upon and/or explains in some depth the information contained in the financial statements.

Learn new Accounting Terms

ROE see RETURN ON EQUITY.

ORDER is a listing of goods or services requested from a supplier with specifications and desired delivery method.  A company starts the purchase process internally with a requisition, which results in an order being transmitted to a supplier.  When the supplier ships the goods or provides the service, an invoice is sent to the customer telling the customer the specifications, delivery method, and price of those goods or services.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.