Annual Report vs Integrated Annual Report – Understanding the Difference
In today’s business world, how a company communicates its journey matters as much as the journey itself. When it comes to sharing performance, two types of reports often get discussed— Annual Reports and Integrated Annual Reports . Though they may seem similar on the surface, they each serve a distinct purpose and speak to different needs. What is an Annual Report? An Annual Report is the traditional year-end document that companies release, primarily aimed at shareholders and financial institutions. It gives a rundown of the company’s financial performance over the previous year. Inside, you’ll typically find: The company’s financial statements Comments from leadership like the Chairman and CEO An overview of business operations and financial results Corporate governance updates The auditor’s findings This report is largely shaped by regulations and focuses on n...