Annual report

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Annual report is a report issued annually by a corporation to its stockholders. It contains basic financial statements as well as management's opinion of the past year's operations and the firm's future prospects.


Definitions

According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),

Annual report. A report issued annually by a corporation to its stockholders. It contains basic financial statements as well as management's opinion of the past year's operations and the firm's future prospects.

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