Accounting 201 chapter 1 homework
Question:
What things are important in a company’s annual report?
Answer:
A company’s annual report does not have to include information about the company’s history, management discussion and analysis notes to the financial statements, or the auditor’s report. Public companies must give an annual report to their shareholders every year. It talks about how the business is run and how much money it has. The front of the report usually has a great mix of graphs, photos, and text that tells the story of the company’s activities over the last year and may also make predictions about the company’s future.
