Annual Report

An annual report is a comprehensive document that provides shareholders and other stakeholders with information about a corporation’s financial performance, business operations, and strategic direction over the past year. The report typically includes audited financial statements, such as the balance sheet, income statement, and cash flow statement, as well as management’s discussion and analysis of the corporation’s financial condition and results of operations. It may also include information about the corporation’s products and services, market position, competitive landscape, and risk factors. The annual report may also feature a letter from the CEO or chairman of the board, highlighting the corporation’s achievements and challenges over the past year and outlining its plans for the future. The annual report is an important tool for promoting transparency and accountability, and for communicating the corporation’s value proposition to investors and other stakeholders.