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Conduct research or use an organisation that you know of, get a copy of an Annual Report. Answer the following questions: 1. To whom is this report
Conduct research or use an organisation that you know of, get a copy of an Annual Report.
Answer the following questions:
- 1. To whom is this report disseminated and how is this done?
- 2.Why do these people need the information contained in the Annual Report?
- 3. What financial information does the report offer? Describe the contents of the report and explain what it tells you about the business’ activities—successes and non-successes—during the year.
- 4. Examine the financial summaries for information about the fiscal condition of the company. Did the company show a profit?
- 5. What sorts of recommendations are made and what suggestions are made regarding business activities for the upcoming year?
If possible, find a copy of the Annual Report from the previous year.
- 1) Compare the two and report on whether the projections from the first report were accurate.
- 2) Were the recommended changes/ improvements made and how did they impact on the next year’s report?
Discuss the annual report in 3 to 5 pages.