Annual Report and Financing for New Projects
Financing is an important activities of finance. This topic discusses the process of making decision to choose debt financing or equity financing by a business organization. Topic also covers the annual report and its different elements. Annual Report A report issued annually by a corporation to its stockholders is called annual report. An annual report is a brief profile on the health of a company. Items in An Annual Report: 01. Verbal Section a. A letter/Speech from the chairman on the high points of business in the past year with predictions for the next year. b. Details Report/Company\'s philosophy: a section that describes how the company does business. c. An auditors\' letter/Certificate confirming that all of the information provided in the report is accurate and has been certified by independent accountants.