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In the United States, a more-detailed version of the report, called a Form 10-K, is submitted to the U.S. Securities and Exchange Commission. [2] A publicly held company may also issue a much more limited version of an annual report, which is known as a "wrap report." A wrap report is a Form 10-K with an annual report cover wrapped around it. [3]
A Form 10-K is an annual report required by the U.S. Securities and Exchange Commission (SEC), that gives a comprehensive summary of a company's financial performance. . Although similarly named, the annual report on Form 10-K is distinct from the often glossy "annual report to shareholders", which a company must send to its shareholders when it holds an annual meeting to elect directors ...
Example of a front page of a report. A report is a document or a statement that presents information in an organized format for a specific audience and purpose. Although summaries of reports may be delivered orally, complete reports are usually given in the form of written documents.
Owners and managers require financial statements to make important business decisions that affect its continued operations. Financial analysis is then performed on these statements to provide management with a more detailed understanding of the figures. These statements are also used as part of management's annual report to the stockholders.
Civil liability follows, also in the case for a director's remuneration report and summary financial statements, under section 463(1) for false or misleading statements in the directors' report. Any loss caused to the company by wrong statements must be compensated for, but this is a sanction that only the company (i.e., no groups except the ...
In financial accounting, a balance sheet (also known as statement of financial position or statement of financial condition) is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as government or not-for-profit entity.
The company's 2008 annual report gave the number as 24,700, to be completed by end of 2009. [58]) This round was factored into purchase price as a $19.5 billion liability against goodwill. As of September 23, 2009, EDS was known as HP Enterprise Services (now known as DXC Technology ).
Annual report, yearly report on a company's activities Financial reporting , formal record of the financial activities and position of a business, person, or other entity Pages displaying short descriptions of redirect targets