The annual report matters because it provides key information that
enables a range of stakeholders (including shareholders, potential
investors, regulators and the public) to understand a company’s financial
performance, its business model, strategy for future growth and key
risks. Given the important role that annual reports play in the corporate
reporting framework, it is essential that they are relevant and present a
coherent and balanced picture of the business and its prospects.
This publication examines seven important areas of annual reporting and makes
recommendations that will improve the quality of corporate information provided.
These recommendations offer practical guidance for those involved with annual reports.