Use the diagram below to explain the notion of Full disclosure.

All information useful for investment, credit, and similar decisions Financial Reporting Area directly affected by existing FASB standards Basic Financial Statements Scope of Recognition & Measurements Concepts Stmts Financial Stmts Notes to Financial Supplementary Other Means of Other Information Stmt of Earnings & Stmts Information Financial Reporting Examples: Comprensive Income Examples: Examples: Analysts' Reports Stmt of Financial Accounting Policies Segment Examples: Position Discussion of General Information Information MD&A competition Stmt of Cash Flows about the company Auditor's Notes Stmt of Investments by Report & Distributions to Owners