ANNUAL REPORT

ANNUAL REPORT

annual report. A yearly corporate financial report for shareholders and other interested parties. ? The Securities Exchange Act of 1934 requires registered corporations to file an annual report on the SEC’s Form 10-K. An annual report includes a balance sheet, income statement, statement of changes in financial position, reconciliation of changes in owners’ equity accounts, a summary of significant accounting principles, other explanatory notes, the auditor’s report, and comments from management about prospects for the coming year. ¡ª Also termed annual statement; financial report.
What is the legal equivalent of the term ANNUAL REPORT in Chinese?
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