This disclosure checklist has been prepared using the accounting and financial reporting guidance contained in pronouncements up to and including GASB Statement 72. Disclosure requirements for more recent statements, most of which are pending their effective date, are contained in the individual chapters. This checklist has been prepared with careful consideration to ensure its accuracy and completeness. However, a checklist does not substitute for professional knowledge and judgment. In addition, this checklist focuses primarily on footnote disclosures for financial statements. For requirements as to the content and format of financial statements themselves, readers should refer to the applicable chapters of this guide. Financial statement preparers and auditors using this checklist should recognize their responsibility to determine the adequacy of disclosures for financial statements. Accordingly, this checklist should be used as only one tool in meeting these responsibilities.