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#cfa-level-1 #reading-22-financial-statement-analysis-intro
Volkswagen’s 2009 financial statements, for example, include 91 pages of notes.
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3.1.5. Financial Notes and Supplementary Schedules
at accompany the four financial statements are required and are an integral part of the complete set of financial statements. The notes provide information that is essential to understanding the information provided in the primary statements. <span>Volkswagen’s 2009 financial statements, for example, include 91 pages of notes. The notes disclose the basis of preparation for the financial statements. For example, Volkswagen discloses in its first note that its fiscal year corresponds to the calend


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