February 2007
Intermediate to advanced
288 pages
6h 32m
English
A company’s annual report is made up of a number of standard sections (Exhibit 4.14).
| Letter to Stockholders | A marketing piece summarizing a company’s recent achievements and near-term strategic initiatives |
| Financial Highlights | Key financial statistics for a company’s most recent 5– to 10-fiscal-year period |
| Management’s Discussion and Analysis | Summary and analysis of the company’s financial results for the completed year |
| Financial Statements | Consolidated Statement of Earnings (Income Statement)
Consolidated Balance Sheet Consolidated Statement of Cash Flows Consolidated Statements of Stockholders’ Equity |
| Notes to Consolidated Statements | Provide supplementary information to consolidated financial statements Summarize significant accounting policies a company uses in preparation of its financial statements |
| Report of Management’s Responsibilities | Overview of management’s responsibilities relating to financial statement preparation |
| Certification of Financial Statements | Certification by CEO and CFO that information presented in their companies’ financial reports is accurate and fairly represents their operational and financial condition |
| Risk Factors | Summary of industry- and company-specific risks |
| Legal Proceedings | Overview of key legal proceedings against a company |
| Report of Independent Auditors | Summary opinion of an independent auditor relating to financial statements and their preparation in accordance with U.S. GAAP |
| Directors and Officers | Summary of top company executives ... |
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