An Annual Report is a comprehensive document that organizations, especially corporations, publish once a year. It provides a detailed overview of the company's financial performance, including income statements, balance sheets, and cash flow statements. The report also highlights key achievements, challenges faced during the year, and future goals, making it an essential tool for stakeholders like investors, employees, and customers to assess the company's health and direction. Typically, an Annual Report includes a letter from the CEO, which outlines the company's vision and strategy. It may also feature information about corporate governance, sustainability efforts, and market trends. Overall, the report serves as a transparent communication tool that fosters trust and accountability between the organization and its stakeholders.