Definition of 'Annual Report'
1. An annual publication that public corporations must provide 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.
2. In the case of mutual funds, an annual report is a required document that is made available to fund shareholders on a fiscal year basis. It discloses certain aspects of a fund's operations and financial condition. In contrast to corporate annual reports, mutual fund annual reports are best described as "plain vanilla" in terms of their presentation.
Investopedia explains 'Annual Report'
1. It was not until legislation was enacted after the stock market crash in 1929 that the annual report became a regular component of corporate financial reporting. Typically, an annual report will contain the following sections:
-Letter to the Shareholders
-Narrative Text, Graphics and Photos
-Management's Discussion and Analysis
-Notes to Financial Statements
-Summary Financial Data
2. A mutual fund annual report, along with a fund's prospectus and statement of additional information, is a source of multi-year fund data and performance, which is made available to fund shareholders as well as to prospective fund investors. Unfortunately, most of the information is quantitative rather than qualitative, which addresses the mandatory accounting disclosures required of mutual funds.
Articles Of Interest
Find out what could be hidden in this often-overlooked part of the financial statements.
These funds offer a very hands-off experience for the low-involvement investor.
Many fund managers, whether they manage a mutual fund, trust fund, pension or hedge fund, have access to resources that the "average Joe" investor does not, but the type and quality of information ...
Don't let this valuable piece of mail end up in your trash can. Here are five things you need to know.
Learn how to read between the lines and decipher the actual condition of a company.
Your research will be easy if you compile all the decision-making information you need.
Read between the lines to get a sense of where a company is really headed.
Thanks to the Internet, finding financial reports is easier than ever. Nowadays, every reputable company has an investor relations section on its website that is a wealth of information. Walt ...
These types of company documents have become increasingly accessible with the advent of the Internet. Most companies have a corporate website with a section entitled "Investor Relations", which ...
Learn this easy-to-understand technique of analyzing a company's financial statements and reports.