What information is required to be included in the Notes to the AELR, besides Note 1 describing significant accounting policies?
A note to the AELR should be presented for each exclusion, subtraction, and addition included on Part II and the Reconciliation, that cannot be agreed directly to an amount recorded in the fund financial statements. Each note must be in sufficient detail to enable identification of the exclusion in the fund financial statements and verification of the amount excluded, and properly disclose the nature of the subtraction or addition.
