Daniel Obiago
Annual reports are produced, published and distributed each year by most types of organisations including: Companies, Charities, Social Enterprises, Quangos, Government Agencies and Voluntary Organisations.
The annual report is a detailed and comprehensive corporate document that reports on an organisation’s activities and progress throughout the preceding year. The details provided in an annual report are useful in understanding a company’s financial position, its current offerings and its future direction.
Annual reports provide the organisation’s regulators, stakeholders, funders, investors ,shareholders, banks, staff, customers, members of the public and other interested groups of people with important information about the company’s activities and financial performance.
As such, this document, which also often has a legal status, is usually a great source of information for anyone carrying out due diligence research into an organisation.
In particular, incorporated companies and registered charities are required by law to prepare and disclose annual reports, and file the annual report at the Companies Registry, within a specified time-frame.
The rules of filing annual reports as applicable to companies listed on a stock exchange are far more stringent.
The requirement on the companies to report depends upon the rules of the stock exchange involved, as some jurisdictions or countries require filing statutory statements to be done at more frequent intervals.
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Question of
Have you ever produced written information that was included in an annual report?
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Yes
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No
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Question of
Have you worked with others in producing an annual report for your organisation?
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Yes
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No
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Question of
Have you ever written the draft of an entire annual report, all on your own?
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Yes
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No
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Question of
Do you think that you are able to write the draft of an entire annual report on your own?
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Yes
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No
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Question of
Do you wish to know more about writing and submitting annual reports for organisations and companies?
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Yes
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No
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I hate annual reports. They require a lot of hard work.
This is a lot of hard work.
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