Question

Question: What is an annual report? Briefly describe the key parts of the annual report.

Short answer

Answer

An annual report is all about the financial performance and other activities of an organization in the last preceding years

Step-by-step solution

Annual Report (Definition)

An annual report is all about the financial performance and other activities of an organization in the last preceding years. It will give a clear idea to the investors and shareholders regarding the company's efficiency, Financial ratios, and Cash Flow from operations. It also provides information about audited accounts and income statements to institutional investors.

Parts of Annual Report

Introduction about the company -

This section deals with the different business and operational activities of the Corporation. It includes the chairman's letter, board of directors, and shareholders’ information separately.

Statement of funds Flow & cash flows-

It will provide information about cash Inflows, Outflows, and funds from the operation. so that an investor can be able to know about day-to-day businesses activities and dividend distribution for a period of time...