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Understanding value and how it integrates into the business is an essential skill for all levels of accountants. The CGMA XXXXXXXXXXreported clear financial communication provides business influence,...

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Understanding value and how it integrates into the business is an essential skill for all levels of accountants. The CGMA XXXXXXXXXXreported clear financial communication provides business influence, leading to relevance and trust, enabling creative analysis towards the businesses model. Carberry (2014), stated “finding insights in data, budgeting, measuring value and managing risk all requires the ability to provide simple, but not simplistic explanations of complex issues” (p. 8). Thus, you can have all the right data, but the way in which you communicate this information can impact the way individuals absorb and are able to analyze the information towards business objectives
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Understanding value and how it integrates into the business is an essential skill for all levels of accountants.  The CGMA XXXXXXXXXXreported clear financial communication provides business influence, leading to relevance and trust, enabling creative analysis towards the businesses model.  Carberry (2014), stated “finding insights in data, budgeting, measuring value and managing risk all requires the ability to provide simple, but not simplistic explanations of complex issues” (p. 8). Thus, you can have all the right data, but the way in which you communicate this information can impact the way individuals absorb and are able to analyze the information towards business objectives For this assignment: The style you choose to communicate to various internal and external audiences is essential to ensuring your message is understood.  For this assignment, you are going to review the following 2015 Annual Reports  HYPERLINK "https://www.shopify.com/blog/ XXXXXXXXXXyear-in-review" \t "_blank" https://www.shopify.com/blog/ XXXXXXXXXXyear-in-review   HYPERLINK "https://getflywheel.com/2015-year-in-review/" \t "_blank" https://getflywheel.com/2015-year-in-review/  HYPERLINK "http://energytrust.org/annualreport/" \t "_blank" http://energytrust.org/annualreport/ What type of audience are the annual reports constructed for? Is the communication of the information clear enough for an analysis to use towards business objectives? Which one would you prefer to receive a summary of in a meeting and why? 4.Select one annual report / year-in-review. Review Box 1-1 in Chapter One and describe how you would alter the report or if the current report would work to fit the needs of internal management.

Answered Same Day Dec 27, 2021

Solution

Robert answered on Dec 27 2021
116 Votes
1. An Annual report is the company’s primary document that reflects or communicates the financial
information or the profitability of the company in past 12 months. In addition to the financial
analysis there has been the projection about the company in the coming year and the activities
performed by the company in different area in past 12 months. It is constructed for the
stakeholders of the company who has an interest in the affairs of the company. The stakeholders
may be the following:
a. Shareholders
. Investors
c. Creditors
d. Employees
e. Government
f. Potential Investors
g. Press/Media
h. Customers
2. Communication of the right information in the right way is clear enough for an analysis for
usiness objective. As the communication made in the annual...
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