Workplace Compliance Services explains what annual reports comprise
• Based on how long an organization has been in business, an annual report may comprise a summarization of financial performance for this specific period of time. This is chiefly helpful when executives of a company are looking at the larger picture of the development of a company as years and decades have passed. • Marketing area of the annual report lists information about an organization's services or products, based on the industry. This area of the report will also assist to differentiate between an organization's diverse divisions. • The annual report will usually include a letter from the chief of an organization. This memo or letter will comprise goals for the upcoming year and beyond while discussing the performance in the earlier year. These letters are optimistic in tone and designed to notify employees and stakeholders of how management views the annual report generally.