Meanwhile,Companies are relatively free to choose the areas of operations for highlighting.This has much to do with their information disclosure policy.Interview senior executives and division heads for information on the policy.Choose the topicsthat are in line with the policy and that are meaningful and timely.
Consider the audiences of the annual report.The annual report has several groupsof readers.It is obvious that not all of them can be accommodated in one report.It isthus necessary to establish priorities among them.The shareholders usually comefirst,since the annual report is chiefly intended for them.
Make proper use of visual aids.Visual aids are.commonplace in the annual report.Photographs of the board,at least the chairman and chief executive officer,are presented.The financial statistics,as in the Chief Executive’S Review and FinancialStatements,are usually given in the fOrm of bar graphs,tables,and line charts ratherthan in words alone.Key products may be illustrated with pictures.
Visual aids can do more than dramatizing the statistics.They have a considerableimpact on the image of the company.For examplel the fonts|type sizesl and layoutsconvey much information on the company.A static and formal page layout withtraditional typography may impress the readers as conservative.Bold graphics and acreative design may suggest a youthful and dynamic company.
VisuaI aids must be used properly.Use them where they are most eftective.TheChief Executive’S Review is usually a long verbal account of the operations.Propercharts or’graphs or even tables can make the pages less dull.Such visual informationcan also help the readers to understand the verbal representations.
Visual aids should also be compatible with each other.For example,bold graphicswould appear odd when juxtaposed with photographs of the management in darksuits.Another thing to note is that the captions and photographs must be revealing,that is
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