10 Jul MY DISCUSSION:R.E.C. Inc.’s staff of accountants  finished pre

MY DISCUSSION:R.E.C. Inc.’s staff of accountants  finished preparing the financial statements for 2010 and will meet next  week with the company’s CEO as well as the Director of Investor  Relations and representatives from the marketing and art departments to  design the current year’s annual report. Write a paragraph in which you  present the main idea(s) you think the company should present to  shareholders in the annual report. Why do you think those ideas should  be included?Respond to at least two of your classmates’ posts.EDWARDS DISCUSSION: The first thing a company should include within an annual report  presented to shareholders is an introductory letter from the ceo where  they may discuss any accomplishments and future plans for the company to  improve their financial status and other companies they are involved  with. An income statement will be included which will demonstrate the  total amount of sales, cost of goods, expenses, financing activities and  net income. The annual report will also include investing activities  where shareholders can see how much stocks and bonds the company sold  along with the cash flow accumulated from the sale of assets. An  auditor’s report will be incorporated within the report where an auditor  will state his opinion in regards to the organization’s accounting  practices. More importantly, the report will include will include the  company’s short and long-term debt and how much cash they have remaining  after all expenses. All of the factors mentioned are important to list  on annual report because it shows investors and shareholders whether or  not if the company is in good financial health and it will determine if  they a good future financial forecast. RHONDAS DISCUSSION: Information that is provided on the annual report should give  stakeholders and investors a clear understanding of how a company is  performing and its direction for the future. When presenting an annual  report to shareholders a letter from the President or CEO, the  management’s discussion and analysis, financial statements, and the  notes to the financial statements should be included. The CEO’s letter  provides stakeholders with an overview of the past year’s successes and  challenges. It also discusses future plans for the company. The  Management Discussion and Analysis provides an overview of a company’s  previous years performance. It compares how the company performed over a  three year period. This section also discusses any known marketing  conditions or economic trends that may impact the company’s liquidity  (Epstein, 2014).  The financial statements provide the stakeholder with a  snapshot of the financial health of a company within a certain  reporting period. The financial statements can provide valuable  information about a company’s financial status and structure. The notes  to the financial statements provide important information such as  pension and retirement benefits, financial commitments, and significant  events. This section helps stakeholders really understand what the  numbers on the financial statements mean and shows if they are hiding  any problems.Reference:Epstein, L. (2014). Financial decision making: An introduction to financial reports [Electronic version]. Retrieved from https://content.ashford.edu/ Links to an external site.