Business Report

In Finamerica we prepare a comprehensive “Business Report” where we describe and analyze On Going Business Concern or a Project Under Development, and define the adequate management and planning strategies, possible partner ship(acquisitions, sales or business mergers), analyzefinancing requirements, knowing the competition and all market and economic elements that may affect the Business or the Project.

This thorough“ Business Report” provides the stake holders and decision makers the proper needed tools accurately take the right steps and enhance the business or the project.

What Is an Annual Report?

An annual report is a publication that public corporations must provide annually to shareholders to describe their operations and financial conditions. The front part of the report often contains an impressive combination of graphics, photos, and an accompanying narrative, all of which chronicle the company's activities over the past year. The back part of the report contains detailed financial and operational information.

What Is an Annual Report?

Understanding Annual Reports

It was not until legislation was enacted after the stock market crash of 1929 that the annual report became a regular component of corporate financial reporting. The intent of the required annual report is to provide public disclosure of a company's corporate activities over the past year. The report is typically issued to shareholders and other stakeholders who use it to evaluate the firm's financial performance. Typically, an annual report will contain the following sections:

General corporate information

Operating and financial highlights

Letter to the shareholders from the CEO

Narrative text, graphics, and photos

Management's discussion and analysis (MD&A)

Financial statements, including the balance sheet, income statement, and cash flow statement

Notes to the financial statements

Auditor's report

Summary of financial data

Accounting policies

In the U.S., a more detailed version of the annual report is referred to as Form 10-K and is submitted to the U.S. Securities and Exchange Commissions (SEC). Companies may submit their annual reports electronically through the SEC's EDGAR database. Reporting companies must send annual reports to their shareholders when they hold annual meetings to elect directors. Under the proxy rules, reporting companies are required to post their proxy materials, including their annual reports, on their company websites.

 Current and prospective investors, employees, creditors, analysts, and any other interested party will analyze a company using its annual report.

The annual report contains information on a company's financial position that can be used to measure:

A company's ability to pay its debts as they come due

Whether a company made a profit or loss in its previous fiscal year

A company's growth over a number of years

How much earnings is retained by a company to grow its operations

The proportion of operational expenses to revenue generated

The annual report also determines whether the information conforms to the generally accepted accounting principles (GAAP). This confirmation will be highlighted as an "unqualified opinion" in the auditor's report section. Fundamental analysts attempt to understand a company's future direction by analyzing the details provided in its annual report.

KEY TAKEAWAYS

An annual report is a publication that public corporations must provide annually to shareholders to describe their operations and financial conditions.

It was not until legislation was enacted after the stock market crash of 1929 that the annual report became a regular component of corporate financial reporting.