logo image

Annual Report Evaluation Essay

The nature of our connections to the world changes as we (humans) enter the modern world. Our identity as a social creature is emphasized even more considering that collective living is the only way we could survive these days. No human beings could survive very long without the help of others. This phenomenon can also be discovered in the world of business and financial. Today, businesses that want to grow further into the international world are forced to open themselves to the public, in order to receive outside financial assistance and thus, also outside interferences.

In these collective settings, the public that provide financial assistance toward a business need some kind of way to assure themselves that their money is used in the agreed manner. This is where annual reports become necessities. Annual reports describe the performance of a company as a responsibility toward its stakeholders. A wholesome performance of a company can be determined through various aspects of its operations. An annual report, especially the financial report portion, provides the data that we need in order to understand those performance levels.

However, due to the need to be concise and compact, financial reports are usually difficult to interpret for common people.

Need essay sample on "Annual Report Evaluation"? We will write a custom essay sample specifically for you for only $ 13.90/page

There are analysis tools provided to help stakeholders understand the information that are delivered to them by means of financial reports. In this paper, we will use financial reports to analyze the business performance of Wal-Mart. 1 Performance Analysis 1. 1 Financial Performance Analysis Performance analysis can be divided into many dimensions.

In the Balanced Score Card concept for example, a company can be analyzed on how it learns and grow and how it relates to its surrounding environment, in addition to its financial performance. That is why financial reports are usually only a portion of the entire annual report. The other parts are full with responsibility reports for other dimensions of the business. These dimensions are equally important to condition a company that is healthy and operating effectively. In this paper however, I will only focus on the financial performance described within the annual reports.

Can’t wait to take that assignment burden offyour shoulders?

Let us know what it is and we will show you how it can be done!
Sorry, but copying text is forbidden on this website. If you need this or any other sample, please register

Already on Businessays? Login here

No, thanks. I prefer suffering on my own
Sorry, but copying text is forbidden on this website. If you need this or any other sample register now and get a free access to all papers, carefully proofread and edited by our experts.
Sign in / Sign up
No, thanks. I prefer suffering on my own
Not quite the topic you need?
We would be happy to write it
Join and witness the magic
Service Open At All Times
Complete Buyer Protection
Plagiarism-Free Writing

Emily from Businessays

Hi there, would you like to get such a paper? How about receiving a customized one? Check it out https://goo.gl/chNgQy

We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy