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SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2016,
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Annual reports are comprehensive reports on a company's activities throughout the year. Audits are thorough examinations of a company's financial records to ensure accuracy and compliance with regulations.
Publicly traded companies, non-profit organizations, and certain private companies are required to file annual reports and audits.
Annual reports and audits must be completed by gathering financial information, conducting internal audits, and hiring external auditors to review the company's financial records.
The purpose of annual reports and audits is to provide shareholders, stakeholders, and regulators with a clear understanding of a company's financial health and performance.
Annual reports and audits typically include financial statements, management discussions and analysis, auditor's reports, and any other relevant information about the company's operations.
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