Explainer: What is an Annual Report?

Annual reports are crucial for organizations, providing a comprehensive overview of financial performance, including budgets, cash flow, and key achievements. They feature a leadership note, detailed financial statements, performance analysis, and future plans.

 

For public health communicators, these reports are more than a compliance tool—they're a strategic asset. They foster transparency and trust by openly sharing financial details with stakeholders, which can enhance engagement and attract new supporters. Properly managed, annual reports can strengthen stakeholder relationships and drive organizational growth. Read more from PR News here.