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Components of an Annual Financial Report
December 8, 2023
What are the key elements of a typical annual financial report?
Annual financial reports typically comprise financial statements (balance sheet, income statement, cash flow statement), footnotes, management discussion and analysis (MD&A), auditor's report, and other supplementary information.
Tags : Annual Report , Financial Statements , DisclosuresIncorporating Non-Financial Disclosures in Reporting
December 9, 2023
How does financial reporting accommodate the disclosure of non-financial information?
Financial reporting incorporates non-financial information through sustainability reports, ESG disclosures, and narrative sections. This broader disclosure provides stakeholders insights into a company's social and environmental impacts.
Tags : Non-Financial Information , Disclosures , Reporting