Banking Exam Question - What are the Directives about Annual Report Disclosure in Public from Liscensed Organization? Explain

Introduction - Disclosure of High quality Annual Reports

Disclosure of accurate, comprehensive and timely information is basic for the working of an effective capital market. The nature of data displayed in yearly reports impacts financial specialists' and other partners' choices by moderating data and motivating force issues, as clarified in office hypothesis

The aim of annual reports is to give a reasonable audit of the advancement of an organization's business and its position. Straightforward introduction of data in yearly reports is particularly essential for recorded organizations. The general accord among money related financial experts is that a rich revelation condition and low data asymmetry have numerous alluring outcomes, for example, productive assignment of assets, capital market advancement, showcase liquidity, diminished cost of capital, bring down return instability and high examiner estimate exactness