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NOTE TO READER: THIS FORM IS ONLY A SAMPLE AND SHOULD NOT BE USED UNLESS YOU FIRST OBTAIN LEGAL ADVICE FROM YOUR OWN LEGAL COUNSEL. DISCLOSURE CONCERNING PROCUREMENT OF CONSUMER REPORTS insert name
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Note to reader is a disclosure included with financial statements that informs the reader about the basis of accounting used.
Note to reader must be filed by any entity or individual preparing financial statements.
Note to reader should be filled out by providing a clear explanation of the accounting policies and methods used in preparing the financial statements.
The purpose of note to reader is to provide transparency and clarity on the accounting practices used in the financial statements.
Information that must be reported on note to reader includes the basis of accounting, significant accounting policies, and any changes in accounting methods.
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