The Annual Information of Sparkle Plc along with the Financial Essay

The Annual Information of Sparkle Plc along with the Financial Statements - Essay ExampleTo support the significance of such information, theories of concepts are also explained. The recommendations included are from the perspective of a monetary account which is responsible to advise the directors of Sparkle Plc.A comprehensive narrative which contains the activities, financial and non-financial performance evaluation statements of the telephoner are called the Annual Report. The annual state is prepared to nurse the stakeholders of the company, mainly the shareholders an elaborate and transparent view of the company (Friedlob, and Welton, 2008, p. 3). It is also essential in attracting prospective investors to slang investments. The annual report not only contains the financial statements such as income statement, balance sheet, or property flow statements but also other reports such as directors report, auditors report, corporate social responsibility information, etc. In short, the annual report contains companys argument functions, products or services, sources of finances and resources, human resource involvement, countries of operation, responsibilities and contribution towards society, performance in terms of revenue generation, financial and accounting standards that it follows, and future goals or objectives structured for the next year (Thomsett, 2007, p. 5).This report is Sparkle Plc., a company which deals in cleaning products. Sparkle Plc. want to prepare their annual reports to attract more investors and also register a transparent image to their existing shareholders. The board of directors of the company already has the idea that the annual report would include the financial statements of the company. However, as discussed it is not only the financial statements that are important because many investors do not and cannot assess the financial health of the company only through revenue figures.