5 Amazing Annual Report Examples

Are you struggling with your organization’s annual report? Or maybe you want to create a template to make the process go smoother??Looking at strong annual report examples from other companies will help you understand how to write an annual report people will want to read.

A?legal entity ?such as an S corporation must create an annual report. The report gives an overview of the organization’s mission, year-end highlights, financial information, and industry or project highlights. It must be filed with the business’s state government, usually via the secretary of state’s office.?

In addition to compliance, annual reports play an important role in connecting with shareholders, investors, and the public. Moreover, a well-crafted annual report can serve as key reference material, a flagship content piece, and a source of inspiration for current and potential business partners.

What is an Annual Report?

An annual report is an official and comprehensive communication of a company’s activities, financial performance, achievements, and future projections over the previous year. It spells out the financial condition and operations for the year ended for shareholders and other stakeholders.?It should be prepared so the general community can understand it and see if collaboration would be feasible.

Today,?annual reports have evolved to also become marketing tools, especially for nonprofit organizations, who use them to impress donors, attract new ones, and showcase their brand to employees, clients, and the public.?

For publicly traded companies like a?limited liability company ?(LLC), producing an annual report and having a registered agent are required by the U.S. Securities Exchange Commission (SEC).?

While it is entirely up to an organization to decide the amount of information to include in its annual report, some information must be included:?

• General corporate information
• Financial and operation highlights
• A letter from the CEO to the shareholders
• Financial statements including balance sheets, income, and cash flow statements
• Management discussion and analysis of business performance over the years?
• Key business changes, such as any acquisitions, adjustments to the?operating agreement , etc.
• Notes to the financial statements
• Auditor’s report
• Performance and outlook for the future

?Want to read more about the best annual reports? Read the blog: https://www.onboardmeetings.com/blog/annual-report-examples/