Question

Do you think that RSI disclosures are more useful that the Notes that generally accompany financial statements.

Answer 1

RSI (Required supplementary information) disclosures are considered necessary to accompany the financial statement .They are issued by FASB,GASB.They are not basic part of financial statement but assit to clearly understand them.For example summary of statement 68 shows contribution of employer towards pension plan.

Notes are basically information that are shown as footnote to financial statement that generally depict accounting policies,accounting methods followed by an entity.

Hence yes RSI disclosure are more useful than notes