Purpose

Every company must publish an annual report to its shareholders as a matter of corporate law. The primary purpose of this report is to inform shareholders of the company’s performance. As a legal requirement, the report usually contains a profit and loss account, a balance sheet, a cash-flow statement, a directors’ report, and an auditors’ report. The different financial elements tell you about different aspects of the company’s performance and can be read in particular order to build up a true picture of how it is doing.

Many companies also provide a lot of other non-statutory information on their affairs, in the interests of general communication. In some cases, this may be little more than gloss, contrived to illustrate the company’s wonderful achievements while remaining strangely silent on negative features.

Benefits

This action list provides instant and helpful guidelines.

Related Solutions

Audience

For managers at all levels

Learning method

Management checklist, answers to FAQs, common traps, and suggested action plans.

Time to Complete

20 mins

Length

5 Pages

Participants

1

Price

£2 Pounds Sterling
(inc. VAT)