Annual report

An annual report is a comprehensive report on a company's activities throughout the preceding year. Annual reports are intended to give shareholders and other interested people information about the company's activities and financial performance. They may be considered as grey literature. Most jurisdictions require companies to prepare and disclose annual reports, and many require the annual report to be filed at the company's registry. Companies listed on a stock exchange are also required to report at more frequent intervals (depending upon the rules of the stock exchange involved).

Contents

Typical annual reports will include:

Other information deemed relevant to stakeholders may be included, such as a report on operations for manufacturing firms or corporate social responsibility reports for companies with environmentally or socially sensitive operations. In the case of larger companies, it is usually a sleek, colorful, high-gloss publication.

Annual

Annual may refer to:

Microsoft Office

Microsoft Office is an office suite of applications, servers, and services developed by Microsoft. It was first announced by Bill Gates on August 1, 1988, at COMDEX in Las Vegas. Initially a marketing term for a bundled set of applications, the first version of Office contained Microsoft Word, Microsoft Excel, and Microsoft PowerPoint. Over the years, Office applications have grown substantially closer with shared features such as a common spell checker, OLE data integration and Visual Basic for Applications scripting language. Microsoft also positions Office as a development platform for line-of-business software under the Office Business Applications brand.

On 10 July 2012, Softpedia reported that Office is used by over a billion people worldwide.

The desktop version of Office is available for Windows and OS X. A touch-optimised version of Microsoft Office is available pre-installed on Windows RT tablets. A mobile version of Office, Office Mobile, is available for free on Windows Phone, iOS and Android. A web-based version of Office, Office Online, is also available. Microsoft has stated that it plans to create a version of Office for "other popular platforms" as well.

Microsoft PowerPoint

Microsoft PowerPoint is a slide show presentation program currently developed by Microsoft. PowerPoint initially named "Presenter", was created by Forethought Inc.. Microsoft's version of PowerPoint was officially launched on May 22, 1990, as a part of the Microsoft Office suite. PowerPoint is useful for helping develop the slide-based presentation format, and is currently one of the most commonly-used presentation programs available.

History

Originally designed for the Macintosh computer, the initial release was called "Presenter", developed by Thomas Rudkin and Dennis Austin of Forethought, Inc. In 1987, it was renamed to "PowerPoint" due to problems with trademarks, the idea for the name coming from Robert Gaskins. In August of the same year, Forethought was bought by Microsoft for $14 million USD ($29.2 million in present-day terms), and became Microsoft's Graphics Business Unit, which continued to develop the software further. Microsoft's version of PowerPoint was officially launched on May 22, 1990, the same day that Microsoft released Windows 3.0.

Mutual fund

A mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities. While there is no legal definition of the term "mutual fund", it is most commonly applied only to those collective investment vehicles that are regulated and sold to the general public. They are sometimes referred to as "investment companies" or "registered investment companies". Hedge funds are not mutual funds, primarily because they cannot be sold to the general public.

In the United States, mutual funds must be registered with the U.S. Securities and Exchange Commission, overseen by a board of directors or board of trustees, and managed by a Registered Investment Advisor. Mutual funds are subject to an extensive and detailed regulatory regime set forth in Investment Company Act of 1940. Mutual funds are not taxed on their income and profits if they comply with certain requirements under the U.S. Internal Revenue Code.

Mutual funds have both advantages and disadvantages compared to direct investing in individual securities. Today they play an important role in household finances, most notably in retirement planning.