Business Machines (IBM), writes a letter to shareholders containing an annual report (2001) of the company. In this letter Rometty, aims to convince her readers of how well the company is doing even in a recession. She did that by means of presenting facts (plain) and also reaching to them in a softer more informal tone (persuasive). Rometty begins her letter by adopting a very positive and optimistic tone. “I am pleased to report that IBM had another strong year in 2011” by doing this she is able
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ACCT 2105 Introductory Accounting Assignment - Semester 3, 2012 This assignment is designed to get you to locate the Annual Report for a company and become familiar with its contents, particularly the financial statements and the notes to the financial statements. While we have looked at very basic formats of the financial statements, the financial statements for a company contain more detail and information on some items you may not have been introduced to as yet. Pay particular attention
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What is annual report? A company’s annual report encapsulates the performance of a company over a specific period, usually a year. In India, the financial years starts on 1st April and ends on 31st March. Annual report mainly conveys the data and number and clarifications on how the company did during that particular financial year. Annual reports are mandatory declarations for any company. Most of the people abstain from seeing through the annual report before investing as they perceive studying
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from 2010 to 2011. The cash flow has also increased over the last year by eleven million dollars. Some things on the balance sheet that were of some concern were the shareholders equity declined and the long term debt increased (Wal-Mart 2011 annual report). My concern with the shareholder’s equity declining is that other potential shareholder and investors may look at this and think twice about investing in the company. The one thing an investor hopes to receive is a return on their investment
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to the stakeholders. Terry Reed found a transaction which can help the business meet the financial responsibility; however, in order to apply the transaction, he must first find a legal and ethical way off reporting the transaction on the financial report. The transaction in question, the product was sold on December 20, 2010 for $1.2 million; however, the receiver of the product is not able to take control of this product until January 11, 2011. Terry Reed needs to find a way to record the transaction
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Annual Report and Annual Report and Financial Statements Financial Statements 2015 2015 “ think the store is I genuinely trying to improve performance and there is evidence of progress.” Ipswich “ hen I shop in Tesco W now there is an overall better feel.” “ lease keep the P prices low, the shelves well stocked and the tills manned with enough staff.” “ ontinue to work on customer C service – it makes a big difference.” Newton Abbot Aylesbury “ he store
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presented for the period, the disclosure shall include the effects for each of the periods included in the statements. Such disclosures shall include the amounts of income tax applicable to the prior period adjustments. Disclosure of restatements in annual reports issued after the first such post-revision disclosure would ordinarily not be required. Therefore, the participation in the
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Annual reports are given as comprehensive as possible, reporting a company's prior years activity. Shareholders and other interested parties are given information concerning the company’s financial performance. These reports must be filed with the company’s registry and may be required to be publicized, it depends on the area. More regular reports are required of those companies listed on the stock exchange. Most reports contain: Chairperson's report, CEO's report, Auditor's report on corporate
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“Unbelievable, shocking, it is not possible!” These are the words of Mohd. Huda a prospective shareholder of RAK properties, while reviewing the annual reports of the company. Although Mohd Huda is an engineer in Dubai based trading company but his interest in stock market and his urge to multiply his hard earned money has made him go through the annual reports of the companies, he wants to invest his money into. “How it can happen?” Still grumbling..while looking at the result of the cash flow statements
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Before adopting an Integrated Reporting format, the Clorox Company issues the normal annual report for the fiscal year. It never issues a standalone Integrated Report before. Until June 2011, Clorox Company is ending to issue the normal annual report. It starts to share data on financial performance as well as advances in environmental, social and governance performance. (About Report, 2013) * Integrated Report The definition of the
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