An annual report is a distribution that publicly traded organizations have to provide on a yearly basis to its investors to explain their operations and financial situations.
The forward portion of the report generally contains graphics, photographs, accompanied by a narrative, all of which reflects the organization's activities over the previous year.
The end portion of the report has financial and operational data in detail.
It was not until a law was enacted after the stock market crash in they year 1929 that the yearly report turned into a normal segment of of corporate financial reporting.
The aim of the required annual report is to give an open revelation of an organization's corporate exercises over the previous year.
The report is usually given to investors and other stakeholders who utilize it to analyze the organization's financial exhibition.
In the United States of America, a more definite variant of the annual report is alluded to as Form 10-K and is submitted to the United States of America Securities and Exchange Commissions or the SEC.
Organizations may present their annual reports digitally through the Securities and Exchange Commissions EDGAR database.
Reporting organizations must give annual reports to their investors when they conduct annual meetings to select executives.