a. Identify and discuss the basic factors of communication that must be considered in the presentation of the annual report.
b. Discuss the communication problems a corporation faces in preparing the annual report that result from the diversity of the users being addressed.
c. Select two types of information found in an annual report, other than the financial statements and accompanying footnotes, and describe how they are helpful to the users of annual reports.
d. Discuss at least two advantages and two disadvantages of stating well-defined corporate strategies in the annual report.
e. Evaluate the effectiveness of annual reports in fulfilling the information needs of the following current and potential users: shareholders, creditors, employees, customers, and financial analysts.
f. Annual reports are public and accessible to anyone, including competitors. Discuss how this affects decisions about what information should be provided in annual reports.