How To Read Annual Report And Balance Sheet

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 Companys 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.