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This solution analyses stakeholder groups that use information from financial reports, and points out the specific information that different stakeholder groups find useful. The solution highlights the usefulness of specific information found in financial reports to different stakeholder groups. Additionally, the solution assesses a company's (Xero Limited) compliance with the eight (8) fundamental Principles and Recommendations of the ASX Good Corporate Governance Principles (ASXCGC) 2nd edition based on the information presented in its annual financial report. The solution also presents a profitability and financial position analysis of Xero Limited using information from its annual report. Lastly, Xero's ratio indicators are compared with those of Technology One Limited to assess how the compared performed in comparison to its rival.