Annual Report Writing Services In Singapore
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What is An Annual Report?
An Annual Report is a corporate document that includes all the details of the operations and financial conditions of a company. Companies provide this report annually to all its stakeholders. The annual report writing includes the use of graphics, data of the previous year, forecasts about the future, and much more. It is very useful in determining the condition of a company over the last year. Right from investors, employees, creditors to analysts and customers, everyone analyses the position of a company by its annual report.
After the stock market crash in 1929, it became important for public companies to maintain annual reports. This report is prepared for the shareholders and stakeholders as they can make their investment decisions after evaluating the report.
The information about the financial position of a company can be determined via this report:
- Can the company pay its debt?
- What is the growth of a company over several years?
- What is the proportion of expenses and revenue?
- What profit or loss the company had in the previous year?
- How many earnings does the company retain to maintain its operations?
Annual Report Writing in Singapore
Companies in Singapore submit their annual report almost 14 days before the annual general meeting. The SGX Rulebook, Chapter 7, Part III contains all the rules regarding annual reporting. The annual reports can also be seen through Singapore Exchange’s Website.
Structure of the annual report of a company that is listed in Singapore:
- Corporate Profile
- Highlights of Finances
- Statement From Chairman
- CEO’s Statement.
- Details of the board of directors and key management.
- Sustainability report: The Sustainability reporting was introduced by Singapore Exchange in June 2016. This report is prepared to communicate the environmental and social performance of the business to the stakeholders. This is an important part of annual reporting Singapore.
- Statement by directors and report to directors.
- Auditor’s Report.
- Financial statements such as statements of changes in equity, cash flow statement, balance sheet, profit and loss statement, and so on.
- Notes to the above mentioned financial statements.
- Shareholders Statistics.
- Annual General Meeting Notice.
- Proxy Form.
Importance of Annual Report Writing
1. It Is A Way of Communicating With Investors
Whether the company is enjoying high revenue or is in debt, everything becomes clear to the investors after looking at the annual report. This report becomes a decisive factor for investments. The companies use this report to attract and engage investors.
The investors would choose to be with your company if they can determine sound management and good operational and financial conditions through your report.
There are some sections in the annual reports like product plans, research and development, and market conditions that include data that helps the investors in making the decision.
2. It Boosts The Confidence of Customers
Even customers are stakeholders of a company. They want to know which company produces quality products, has strong financial and operational conditions and can be a long-term supplier for the products.
The annual report works as evidence for the customers that the company holds a strong position in the market and they can purchase its products. Customers are interested to know if there is an investment for increasing the quality of the product or service.
So, this annual report increases the transparency related to the processes and decisions of the company in front of customers.
3. It Increases Employee Satisfaction
Any person would love to work with a company that performs well and will continue to do so. The perspective of the CEO, investments, products plans and market situations that are mentioned in the annual report helps the customers in building trust among the employees.
If they know that the company is going in the right direction, they will stay in the company and many other people would want to join the same company.
4. It Helps In Building A Reputation Through Media
Media continuously monitors the financial conditions of the companies through annual reports. They have the power to influence the decision of investors and customers through their stories in newspapers, TV and radio.
If the media is showing your success stories, this in return will be beneficial for the company. So, this annual report is necessary to convey the developments in the business and expansion plans to the media.
Annual Report Writing Services By Script Consultants
Our report writing services cater to different types of organizations across all manners of industries, including small, medium & large-sized businesses, non-profits, and government institutions.
By trusting us with your annual reporting, you will cut the time and cost incurred on this endeavor so that you can focus on other areas of your business.
With our stringent quality control, we can assure you that all the corporate information in your report will always accurately represent what matters to your organization the most. We strive to help you produce more accurate financial statements to strengthen your relationship with numerous stakeholders, from your investors to the target market.
With extensive experience and knowledge in copywriting and annual report writing, Script Consultants offers holistic writing services that can help your organization streamline the entire process of creating periodic reports.
Our experienced copywriters are highly capable of producing a corporate report that truly reflects the values of your organization.
We have undertaken various report writing projects for high-profile organizations. Some are mentioned below, do have a look.
Aside from annual report writing, we also cater to a variety of periodic corporate reports, including:
- Accounts Payable Report
- Financial Report
- Semi-annual Report
- Quarterly Report
- Monthly Report, and
- Prospectus
For more information, please contact us by clicking on the button given below or you can send us your enquiry at enquiry@sustainabilityreporting.co
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FAQ – Frequently Asked Questions
What To Include In Annual Report Writing?
Here are the few things which you should definitely include in annual report writing.
- Chairperson’s Letter
- Business Profile
- Financials
- Auditor’s Report
How A Good Company Annual Report Looks Like?
If a company is good then its annual report will surely be Reliable, Visually Clean, Accurate, Heartfelt and Self Explanatory.