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In this online class from September 6, 2011, the focus is on financial disclosures, specifically referencing Amazon's 2010 annual report. The session covers disclosure notes, found in Part B of the textbook on page 124, highlighting their significance as integral components of the annual report. These notes provide explanations and context for financial statements, such as itemizing what comprises assets like cash or land. The full disclosure principle emphasizes that financial statements must include all material and relevant information to give a comprehensive understanding of the figures presented. The class aims to elucidate these concepts using visual representations from the report.