Annual report
Definition of Annual report
The annual report is a detailed document prepared by the company year disclosing all the operating, financing, and investing activities that it has been involved in, during a financial year. An annual report also gives detailed information on the company’s financial position and its future vision and all the necessary information required by the shareholders of the company.
Every publicly listed company is obliged to issue an annual report every year for the existing and potential shareholders whose interest lies in the performance of the company.
