What is an Annual Report?



An annual report is a comprehensive document released by a company at the end of each fiscal year. It provides a condensed overview of the company's financial performance, operational highlights, and strategic plans. This report serves as a key communication tool between the company and stakeholders, offering transparency and accountability. It includes financial statements, management discussions, and analyses, presenting a snapshot of the company's achievements, challenges, and future objectives. The annual report is a valuable resource for stakeholders to assess the company's health and make informed decisions.