Annual report
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.
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Annual report. A report issued annually by a corporation to its stockholders. It contains basic financial statements as well as management's analysis of the firm's past operations and future prospects.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
