Instead of sending each shareholder a full set of financial statements including notes and the directors' and auditor's reports to members, a company has a right to instead send:

Question

Quizplus · Accepted Answer

A concise report is a shortened version of the full financial statements that includes key financial information and a summary of the directors' and auditor's reports. This option provides shareholders with important information in a more easily digestible format while still meeting the company's reporting obligations. It is a cost-effective and efficient way for companies to communicate financial information to shareholders.

Instead of Sending Each Shareholder a Full Set of Financial