An annual report template is an inclusive business document which tells about the company’s actions during the year. These annual reports are basically prepared for shareholders or other concerned people. Moreover, it provides information about the growth and financial performance of the company. An annual report can be outlined as a comprehensive business document, for all that this annual report will be generated by the business or company to display the overall progress, loss, profit, damage and potential of the business. Small companies might not prepare an annual report, but companies that are listed on the stock exchange are bound to publish their annual reports with true information about the organization’s achievement as well as performance. Basically, an annual report serves as an evidence for the activities which a business completed throughout the year. As part of this, mostly annual reports are generated by the companies to show the working milestones of business to the shareholders and other people who are concerned. Importance of Annual Report: An annual report is simply a detailed report that is created by the end of each year to summarize the company’s performance in the past year. It is used to detect how much the