Question
There are several strategies to make financial data in an annual report more accessible and understandable. First, use clear and simple language to explain financial terms and figures. Second, use visual aids like charts, graphs, and infographics to represent data. Third, break down complex data into smaller, understandable parts. Fourth, provide a narrative or commentary alongside the data to explain what it means. Lastly, consider providing a glossary of financial terms used in the report.
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Next up, the financials. No annual report is complete without an overview of finances. Even if they're at a glance or a high level, you need to break down your financial data so internal and external stakeholders can assess your performance. The most standard and comprehensive ways to report your financials is with a financial ratios report.(Slide 13)
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