An annual report is a document a company presents at an annual general meeting for approval by its shareholders, or a charitable organization presents its trustees. The report is made up of reports, which may include the following:
as well as financial statements including:
Other information deemed relevant to stakeholders may be included, such as a report on operations for manufacturing firms. In the case of larger companies, it is usually a sleek, colorful, high gloss publication.
The details provided in the report are of use to investors to understand the company's financial position and future direction. The financial statements are usually compiled in compliance with IFRSs and/or the domestic GAAP, as well as domestic legislation (e.g. the SOX in the U.S.).
Putting quality into the annual report; the annual report is the best public relations tool any public listed company can have. Forward-looking companies recognise this and so spare no cost in producing quality annual reports to impress the readers who could be potential investors or customers.
Apr 01, 2007; FOR INVESTORS, annual reports are a joy to receive and read. They provide detailed information about the company's performance in...
Insider - AIM special: tackle your first annual report - Life after listing. There's a whole lot more to an AIM listing than a ticker code and access to all-important funds. For FDs new to the AIM game, don't underestimate the challenge of putting together your first annual report. These days it's vital, says Steve Kemp.(finance directors)(Alternative Investment Market )
Jun 09, 2005; Byline: Steve Kemp, director of Emperor Design. For many finance directors, the highs and lows of a flotation are swiftly...