Glossary Background

Annual Report

An annual report is a comprehensive document that provides detailed information about a company's financial performance, activities, and other relevant data for a specific fiscal year. Publicly traded companies are legally required to publish annual reports to ensure transparency for their shareholders and potential investors. The report typically includes financial statements (such as the income statement, balance sheet, and cash flow statement), management's discussion and analysis, auditor's report, and information on corporate governance, strategies, and risks. These reports are essential for shareholders to assess the company's performance and make informed investment decisions.