Access the FASB Accounting Standards Codification at the FASB website (www.fasb.org). Determine each of the following:

1. The topic number (Topic XXX) that provides guidance on information contained in the notes to the financial statements.

2. The specific seven-digit Codification citation (XXX-XX-XX) that requires a company to identify and describe in the notes to the financial statements the accounting principles and methods used to prepare the financial statements.

3. Describe the disclosure requirements.