Annual Report is the mirror of activities of any organisation as it
provides complete know-how about its ins and outs, its current
business, as well as future mission. Since Annual report also serves the
purpose of providing communication by a company to its shareholders,
it is the is best source from where authentic information about the
activities of a Company can be obtained.
Balance Sheet provides a snapshot of what a Company owns and owes,
as well as the amount invested by shareholders/owners, i.e., it contains
the detailed report about the assets, liabilities, and shareholder equity
of the company at a specific point of time. It provides the basis for
computing rates of return for prospective investors and evaluating a
Company's financial position.
In view of the above, understanding of Annual report and Balance sheet
of an organisation is of utmost importance for Prospective Investors,
Shareholders, Analyst etc. This book is written to solve the purpose of
providing basic understanding as well as in-depth updated knowledge
about Annual Report and Balance Sheet of Finance as well as non Finance professionals.
This book is the outcome of the Author’s passion, more than 25+ years
of experience of serving at Senior Management Level in various
segments (BANKING, RETAIL SECTOR, TELECOM, CONSULTANCY), and
his interactions with senior finance and non-finance professionals
working in other organisations. The Author of this book is a renowned
Senior Chartered Accountant having hands-on experience in the
preparation of Balance sheets and Annual Reports, Implementation of
systems for generation of data for Annual Reports and other
requirements, Preparation and Review of Financial Statements, as well
as dealing with matters relating to Internal Audit, Window Dressing,
Taxes and Frauds.