Annual Reporting.
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What types of information you think should be included in a company's annual report. Explain why each item you have chosen is important to include, and what stakeholders would most benefit from viewing this information. Please be detailed in your answers.
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Solution Summary
This solution includes the type of information that is needed to appear in a company's annual report, the importance of the items are included, and the stakeholders that would most benefit from this information are discussed.
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The annual report is used for various purposes. "It is used to represent a true and fair view of the state of affairs of the company and its profits" (Collier, 2006, p. 71). This report is built with financial statements and is also used for other means of communicating information that relates to the financial statements. It includes useful persuasive information for ...
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