Annual Report Information Critics of financial reporting have said that accounting information, specifically an an- nual report, is not useful for decision making because it is published three or more months after the end of the company's fiscal year. Therefore, it does not contain any real news. Besides, all the information you need about a company can be found in the busi- ness section of newspapers or trade and news periodicals. Look at the annual report for Ben & Jerry's. What information is usually available in de- tail only in the annual report? What advantages or disadvantages are involved in relying on annual reports for making financial decisions about investing in or lending to a company?