Understanding of Annual Report and Financial Statement of the Company

Know about the Annual Report apart from the three fundamental financial statements a fundamental analyst also analyzes other important aspects of information to properly analyze the fundamentals of the company. The Fundamental Analyst looks at notes to financial statements,independent auditor's report and the accounting policies of the company.Notes to accounts provides detailed descriptions of the different accounting heads of the different financial statements.Accounting policies are the rules,regulations and conventions which the company followed at the time of preparing the financial statements.Independent Auditor's Report is the report of the financial statements of the company by a set of independent auditors.
Read the full article: Why we should read Annual Reports?

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