This article discusses the Footnote Editor. For information on the how to create or edit footnotes, please see the relevant article on How to Create & Edit Footnotes.
The Assette Footnote Editor is found in Developer Tools and allows developers and technical users to create dynamic footnotes which can be associated with Data Objects using the Title & Footnotes Tab.
Footnotes vs. Disclosures #
Before diving into how the how the Footnote Editor functions, it is important to understand the differences between a footnote and a disclosure. In general, footnotes provide additional details or explanations related to specific line items in a statement while disclosures offer a broader context and may be narrative in nature and often address performance, events, or risks. Another important distinction is that disclosures are often required by legal counsel, outside regulators, or contractual obligations. (e.g., a benchmark description).
For example, a footnote might explain how Earnings Per Share (EPS) has been calculated (i.e., Net Income Method, Weighted Average Method, or Diluted EPS) while a disclosure might simply state “Future performance is not indicative of future returns”.
It is important to note that within Assette, both footnotes and disclosures can be data driven (i.e., dynamic), but the key difference is in what is driving any dynamic components. Footnotes are always driven by data from a Data Object (i.e., table, chart, or text) whereas a disclosure is usually driven by metadata or generation parameter (i.e., data related to the account, strategy, or product).
Footnote Editor Actions #
From the Footnote Editor’s main screen, users can click on the ellipses to the right of the footnote to bring up the footnote’s advanced actions. From the pop-up menu, users can view, edit, or delete the footnote. To create a new footnote, click the green “Create New” button in the upper right-hand of the screen. To publish a footnote, users must either create a new footnote or edit an existing one and click on the “Publish” button within the “Edit Footnote” screen.
