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Issue of increase in the length of annual report - Essay Example
Author : kelsie58
Finance & Accounting
Pages 4 (1004 words)
Introduction The last decade has seen significant changes in the way organizations report their operations in their annual reports. In addition, many regulatory changes have led to addition of certain mandatory sections in the annual report. At the same time, it is important that the report is able to effectively communicate with the relevant stakeholders…
All of this means that a prospective reader of the report will have to analyze a large number of pages to reach to appropriate conclusion. The analysis of this report is to analyze the issues arising out of increase in the length of annual reports. The first section of the essay covers the major reasons of increase in length. The second section analyzes the impact of the larger size in terms of effectiveness of communication to appropriate stakeholders and the problems therein. We will then conclude with the possible solutions to the problems identified. Reasons for increase in the length of annual report One of the primary reasons for the increase in the length of the annual report is the imposition with regards to the representation of information in annual reports. ...