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REMINGTON OUTDOOR COMPANY, INC. (Exact name of company as specified in its charter) Companies former name: Freedom Group, Inc. Delaware 260174491 (State or other jurisdiction of incorporation or organization)
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Note 1 - basis is a section in financial statements that discloses the accounting principles used to prepare the financial statements.
All entities preparing financial statements according to accounting standards are required to include note 1 - basis in their financial statements.
Note 1 - basis should be filled out by providing a description of the accounting principles used, any changes in accounting policies, and the reasons for those changes.
The purpose of note 1 - basis is to provide transparency and clarity on the accounting principles and policies applied in preparing the financial statements.
Information such as accounting principles, changes in accounting policies, and other relevant information related to the basis of preparation of financial statements must be reported on note 1 - basis.
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