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Article: Evaluating annual reports.(the value of annual reports in investment planning)(Brief Article)
- Article from:
- Black Enterprise
- Article date:
- June 1, 1999
- Author:
CopyrightCOPYRIGHT 1999 Earl G. Graves Publishing Co., Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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How to separate fact from fluff
A man's best friend is his dog, but the investor's best buddy is the annual report. By reviewing that piece of literature, you can unearth a company's profitability, standards and management team.
A company uses its annual report to deliver mandatory and voluntary information to shareholders and potential investors, as well as give an accurate picture of the company's performance over a period of time. If comprehensive, it can provide you with a window into the company's future.
The annual report is perhaps the most important document that companies produce for shareholders, says Kenneth Janke, president and CEO ...