Conduct research or use an organisation that you know of, get a copy of an Annual Report.
Answer the following questions:
- To whom is this report disseminated and how is this done?
- Why do these people need the information contained in the Annual Report?
- What financial information does the report offer? Describe the contents of the report and explain what it tells you about the business' activities-successes and non-successes-during the year.
- Examine the financial summaries for information about the fiscal condition of the company. Did the company show a profit?
- What sorts of recommendations are made and what suggestions are made regarding business activities for the upcoming year?
If possible, find a copy of the Annual Report from the previous year.
- Compare the two and report on whether the projections from the first report were accurate.
- Were the recommended changes/ improvements made and how did they impact on the next year's report?
Discuss the annual report in 3 to 5 pages.