The report is usually given to shareholders and other interested parties who use it to determine the financial performance of the company.
Usually, the following sections will be included in an annual report: General corporate details.
Financial and operating highlights.
While annual reports invite readers on a journey through the company's successes and challenges, financial statements lay bare the financial metrics, catering to investors and analysts who seek data-driven insights.
Summary.
Annual reports are comprehensive documents designed to provide readers with information about a company's performance in the preceding year.
The reports contain information, such as performance highlights, a letter from the CEO, financial information, and objectives and goals for future years.