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    Reflection - Annual Reports

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    Khem Raj Gyawali
    The document discusses the typical contents found in annual reports for public corporations. Annual reports are intended to inform shareholders about the company's financial and operating conditions over the past year. Standard contents include information about the annual general meeting, statements from the chairman and CEO on company performance, the directors' report on key financial data and responses to the previous year's achievements, the independent auditor's report, consolidated financial statements, Basel disclosures, corporate social responsibility information, comparisons of projected vs. actual profits and financial position, horizontal and vertical analyses, and responses to instructions from regulatory bodies. The main objective is to provide transparency to shareholders and insight into the company's plans and goals for the coming year.

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    Reflection - Annual Reports

    Uploaded by

    Khem Raj Gyawali
    83 views1 page
    The document discusses the typical contents found in annual reports for public corporations. Annual reports are intended to inform shareholders about the company's financial and operating conditions over the past year. Standard contents include information about the annual general meeting, statements from the chairman and CEO on company performance, the directors' report on key financial data and responses to the previous year's achievements, the independent auditor's report, consolidated financial statements, Basel disclosures, corporate social responsibility information, comparisons of projected vs. actual profits and financial position, horizontal and vertical analyses, and responses to instructions from regulatory bodies. The main objective is to provide transparency to shareholders and insight into the company's plans and goals for the coming year.

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    reflection on annual reports

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    Reflection- Annual Reports

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    The document discusses the typical contents found in annual reports for public corporations. Annual reports are intended to inform shareholders about the company's financial and operating conditions over the past year. Standard contents include information about the annual general meeting, statements from the chairman and CEO on company performance, the directors' report on key financial data and responses to the previous year's achievements, the independent auditor's report, consolidated financial statements, Basel disclosures, corporate social responsibility information, comparisons of projected vs. actual profits and financial position, horizontal and vertical analyses, and responses to instructions from regulatory bodies. The main objective is to provide transparency to shareholders and insight into the company's plans and goals for the coming year.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    83 views1 page

    Reflection - Annual Reports

    Uploaded by

    Khem Raj Gyawali
    The document discusses the typical contents found in annual reports for public corporations. Annual reports are intended to inform shareholders about the company's financial and operating conditions over the past year. Standard contents include information about the annual general meeting, statements from the chairman and CEO on company performance, the directors' report on key financial data and responses to the previous year's achievements, the independent auditor's report, consolidated financial statements, Basel disclosures, corporate social responsibility information, comparisons of projected vs. actual profits and financial position, horizontal and vertical analyses, and responses to instructions from regulatory bodies. The main objective is to provide transparency to shareholders and insight into the company's plans and goals for the coming year.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 1

    Reflection on Annual Reports

    The term Annual Report symbolizes a document which public corporations must annually
    provide to the shareholders to aware them of operation and financial conditions. The report
    presented annually is supposed to clarify financial and operating conditions but that alone is not
    enough for an annual report.
    As I surfed through annual reports, I found the similar contents present in every standard annual
    report. The one I took the reference from is NMB Bank Annual Report 2077-78. The contents
    that I found in the reports were:
    1. Annual General Meeting (AGM): The report first contained information about
    time, place, agenda of the AGM and report was said to be published online for the
    shareholder’s convenience.
    2. Chairman’s Statement and CEO’s Message: The Chairman’s Statement contained
    thanks to shareholders and others and Message from CEO contained about the
    bank’s performance, External business environment, measures taken during
    Covid-19 and environmental hazard.
    3. Director’s Report: It contained Key Financial performance for the fiscal year,
    impact of global and domestic economy on bank’s performance, BOD’s response
    on achievements of the fiscal year and so on.
    4. Independent Auditor’s report: After detailed plots of financial highlights
    contained report on audit of Consolidated Financial statements. Which I
    understood as one of the most crucial.
    5. Consolidated Financial Statements: It contained consolidated financial statements
    of financial position also significant accounting policies and additional
    disclosures related to it.
    6. It then contained Basel Disclosures, Corporate Social Responsibility (CSR).
    7. Latest Denture Issue: It contained projected v/s Actual of statement of Profit or
    Loss and Financial Position.
    8. Horizontal and Vertical analysis
    9. Approval Letter from Nepal Rastra Bank for publication of Annual report also
    distribution of dividend.
    10. The last contained of reply to Instructions directed by Nepal Rastra Bank
    regarding Dividend Distribution and published financial statements of fiscal year
    2077/78.

    The main objective of all these inclusions is to provide an opportunity to discuss about
    company’s operation with its shareholders also providing them with insight of next year’s plans,
    agenda and goals. All these information together make a reliable annual report which helps to
    analyze and understand about the company.

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