What are the theories that say that the disclosures in the annexes of the report and accounts are less relevant than the figures in the financial statements, is there anything?
I've been looking for papers on the subject but I can't find them.
In my specific case, I will look at two models. 1º The disclosures expected by entities in view of the implementation of IFRS 9 (disclosed in annex) 2. Effective disclosures of the standard on changes in equity.
For a first analysis the relevance of the two is different.