Recent Trends in the Preparation and Presentation of Annual Reports-A key of marketing the company to stakeholders

Abstract

An essential element in the implicit agreement between a company and an investor is that the investor will receive meaningful information on how the company in which they have invested in is progressing. This obligation is expected to be substantially discharged through Annual Reports. The Annual Reports are the mirror the financial position and operating strength or weakness of the concern. These Reports are useful to investors (present and prospective), creditors, bankers, workers, government and public at large. The varied and diverse groups such as investors, government, industry, community, employees, customers, vendors, analysts, and media are all interested in very different aspects of a company. Each group will want to see its own interests are reflected in the Annual Report. An Annual Report is a comprehensive report on a company’s activities throughout the preceding year. Annual reports are intended to give shareholders and other interested people information about the company’s activities and financial performance. Most jurisdictions require companies to prepare and disclose annual reports, and many require at the annual report to be filled at the company’ registry. Companies listed on a stock exchange are also required to report at more frequent intervals