Pengertian Fair Dalam Keuangan

Fair that ethical rules on equal treatment to users of the report contains ethical goals by providing adequate information to investors, and full namely concerning the completeness of the presentation of information. The concept of full disclosure requires that the financial statements or annual reports to be presented as a collection of portraits of economic events affecting the company for a period and contains enough information


thus making the common good or investors understand and not misinterpretation of the report
disclosure of financial statements can be grouped into two parts, namely mandatory disclosure (Mandatory Disclosure) and voluntary disclosure.

Disclosure shall be the minimum disclosures required by the applicable accounting standards. Voluntary disclosure is a disclosure made by the management company exceeds the mandatory disclosure required by the applicable accounting standards. Every public company is required to do the disclosure of information relating to the company's internal conditions such as management conditions, the performance of the company and so on. mention any public company required disclosure of financial statements of 68 items.

But there are also companies that do not disclose the broader financial statements because it considers the full disclosure will only be misleading and result in market failure. Disclosure would help a competitor to the detriment of shareholders. In addition, extensive disclosure would cause more costs than benefits

accepted by the company. Therefore, only a portion of a company that makes a voluntary disclosure.