The Annual Report is the major publication produced by a Company. It contains the three audited financial statements, information about the Company’s business activities and management structure.
An Annual Report is a document that contains a Company’s audited year-end financial results, summarised in the Profit and Loss, Balance Sheet and Cash Flow Statement. The Annual Report will contain information regarding the Management structure and summarises the company’s financial condition, legal liabilities, future plans and Notes to the Accounts. For a listed company, the Annual Report must be filed with the local regulator, in the U.S. This is the SEC. The Annual Report should be made available to Shareholders, Creditors and other groups with a vested interest. An Annual Report could also describe issues that could not be resolved in preparing the Report, under the Notes to the Accounts.
Meet the author behind Smartest-Data. Warren William has a career in Finance and Investments extending over 35 years, both on the Buy Side and Sell Side. His most recent roles include, developing Institutional Risk Management Programs for managing Equity and Fixed Income Risk. Prior to this Warren William work in Alternative Investments, in Investment Management and as a Buy Side Equity Analyst. Warren William brings a wealth of knowledge and expertise to the table, providing in-depth analysis and commentary on the latest trends in the Stock Markets. Contact information: wwBLOG@smartest-data.blog or Telegram +393339034488
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