Coming back to the Annual Report. What is the Chairman’s Statement about in Annual Report?
Watch Dr Accounting chapter 21 to learn more about the world of Accounting with us!
Can I know what is a Chairman Statement.
Sure, follow me I will explain it to you.
He represents the interests of it’s shareholders and the board of directors. Therefore the chairman’s statement is written from the perspective of the shareholders and investors. It reports on the company’s performance for the past years and the future outlook. It portraits the strategic direction of the company and how well-paced the organisation is to take advantage of the opportunities.
That concludes the chairman’s statement. Hope to see you in the next chapter. Thank you.