Annual report

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Annual report

Yearly record of a publicly held company's financial condition. It includes a description of the firm's operations, as well as balance sheet, income statement, and cash flow statement information. SEC rules require that it be distributed to all shareholders. A more detailed version is called a 10-K.

Annual Report

A report that a publicly-traded company is required to distribute to shareholders each year. The report contains information on the company's financial state, such as operational income and net profit. Sometimes, it also contains an accountant's opinion on the general health of the company. Generally, the front part of the annual report states the "bottom line," while the last part contains more detailed financial information. For example, the front part of the report may contain a brief essay stating, "Our company is healthy for reasons A, B, and C." At the conclusion of that essay, the stockholder may view its financial statements. See also: Stockholder's report.

annual report

A firm's annual statement of operating and financial results. The annual report contains an income statement, a balance sheet, a statement of changes in financial position, an auditor's report, and a summary of operations. Because many annual reports are prepared with public relations as a primary focus, serious investors should obtain a copy of a firm's 10-K in order to obtain detailed financial data.

Annual report.

By law, each publicly held corporation must provide its shareholders with an annual report showing its income and balance sheet.

In most cases, it contains not only financial details but also a message from the chairman, a description of the company's operations, and an overview of its achievements.

Most annual reports are glossy affairs that also serve as marketing pieces. Copies are generally available from the company's investor relations office, and annual reports may even appear on the company's website. The company's 10-K report is a more comprehensive look at its finances.

References in periodicals archive ?
Richard Martin, head of financial reporting at the Association of Chartered Certified Accountants (ACCA), commented: a'We remain unconvinced that the possible abolition of the requirements to publish annual accounts would save those companies money.
I find it despicable that such a staggering amount of income should be effectively hidden from the annual accounts, and that a reply at an open AGM, to a question from a patient of the trust, should be so misleading.
The council has to produce annual accounts, nevertheless they weren't done.
Paul Reeves, of Leacroft Road, Redditch, was ordered to pay a fine of pounds 200 and pounds 50 costs after not filing the annual accounts and returns of Elite Machinery with Companies House.
In return, the EU Commission promises to speed up the passing and implementation of the new Directive on "statutory audit of annual accounts and consolidated accounts" in order to make sure that the reformed U.
ST MIRREN have shown a tiny trading profit in their annual accounts but are still struggling with a massive overall debt of nearly pounds 1.
The former welfare minister is a member of the Commons public accounts committee which called for ``more aggressive action'' against 38% of charities which fail to submit annual accounts on time or at all.
COVENTRY CITY has recorded a financial profit despite a soaring wage bill, the soccer club's annual accounts reveal.
The new filing service accepts full annual accounts from small and medium-sized companies.
Contract notice: missions of co-audit on the control and certification of the annual accounts of paris habitat for the accounting years 2018-2023
Elahi informed the shareholders that the Annual Accounts for FY 2016 could not be finalized mainly due to conversion of PIAC into PIACL and an exercise undertaken to bring a change in the accounting policy by shifting from cost value model to fair value model.
According to an SECP circular, the third extension in the two amnesty schemes was made on the demand of the investor bodies and business associations as the schemes are beneficial for businesses to adjust their statutory returns and annual accounts.

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