ivaluenews.com

What Is Annual Report? All quoted companies have a legal obligation to send shareholders annual results within six months of their financial year-end. The document,called the annual report and accounts,includes a narrative on company performance and financial results with footnotes. Several components are stipulated either by the listing authority or by accounting standards setters. The [...]

Financial Term Of The Week – Annuity The payment of a regular income by a life company to an annuitant either for life or shorter periods in exchange for a lump sum. Annuities are typically used for pensions and the individual receiving the annuity is known as an annuitant. In the UK they can broadly [...]