Normally, the statement starts with updating the public about how the business fares and the last few paragraphs would be about the company’s hopes and expectations in the immediate future.
So whilst reading the statements, we should actively ask ourselves some of the following questions:

Are the statements made by the Chairman […]

In the earlier article on the content of an annual report, it was mentioned that besides the many other documents, we also have the financial statements.
This article deals with some basic guides that should be incorporated to review/analyze the financial statements:                                  

Study the Income Statement and seek answers for […]

The saying “ we can’t judge a book by its cover” also applies to the analyzing of the annual reports. As investors, we often tend to look at how glossy and impressive or unimpressive the annual report looks. We do not have enough patience to read every page and every word in the report. We […]

For its financial year ended 30 th June 2006, AirAsiaBhd almost run foul of the local Malaysian Regulations when its bottomline - profit After taxation is materially distorted by its application of using the local accounting for taxes(FRS112 2004) compared to international accounting standard (IAS 12).

What AirAsiaBhd did was to disclose this discrepancy […]

This article deals with the basic understanding of Secret Reserve and how and why it has been created and its implications.
What is Secret Reserve?:

Secret Reserve accounting is one type of creative accounting. It is a special type of reserve which exists […]