Financial analysis case study Essay Example | Topics and Well Written Essays - 1250 words

pecuniary analysis case study - Essay ExampleAt the same time there is a belief that chairman statement serves no purpose from the point of view of shareholders. It is a sort of religious rite to inaugurate the reporting and review process in the annual report. There is no legal necessity for a chairman statement to be a part of an annual report. It is more of a public part of the annual report. The chairman report is largely qualitative in character. The other(a) documents report what happens, this one and only(a) offers an explanation of the phoners results. The accounts and other statutory reports present historic instruction on how the company fared in the previous accounting period, while the chairman will comment on future course catalog and plans. (Christopher Murphy, page 177)1Directors Report is a central section of prime importance of an Annual report. It is prepared per year and in case of parent company directors report will be for the entire stem called group di rectors report. Directors report deals with significant development in the companys business operations during the reporting period. This is effectively a review of business and an opportunity for the board to comment on the financial results of the company in terms of its sales and profits, and to explain material matters such as exceptional items.(Thomas A Lee, page 170)2 In accordance with the provisions of sections 415 to 419 of Chapter 5 of Part 15 of the Companies Act 2006, a directors report must take hold the following informationi) trends and factors affecting companys future development, performance and position of business, information nigh environmental matters, companys employees and social and community issues, and information about important contractual and other business arrangements.In addition to the above legal requirements, a directors report should also include information required by the stock exchange. As an option some companies include additional