An annual report is a written account of an organization’s financial progress over the past year and its projections for the future. The SEC requires public companies and mutual funds to give an annual report to their shareholders at the end of every fiscal year. Nonprofits also generally publish annual reports.
Posts Tagged ‘annual report’
An Annual Report is…
Thursday, August 20th, 2009Why do companies release annual reports?
Monday, August 10th, 2009Every public company is required by the SEC (Securities & Exchange Commission) to provide a document known as an annual report. In this annual report, the firm describes the financial results of the past year and also the outlook for the future. It is the place for the company to communicate business objectives, strategy, governance, and financial metrics to current and future investors.
The annual report is given to shareholders, and is also made available to the general public. Basically, anyone who wants to know how a company has been doing in the past and where the company wants to be going in the future will find an annual report quite useful.
An Annual Report is…
Monday, July 20th, 2009An annual report is a document required by the SEC (Securities and Exchange Commission) to be sent to a company’s shareholders at the end of every year. The report details the company’s financial results for the prior 12 months, past years and their outlook for the future. Most nonprofits also publish annual reports.