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BUSINESS GOVERNANCE REPORTS
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[QUOTE="Yakub02, post: 305463, member: 94426"] The Securities and Exchange Commission (SEC) require that the annual report includes a chairman’s statement which provides a balanced and readable summary of the company’s performance for the period under review and future prospects and should reflect the collective view of the board. Typically, the report will be one or two pages addressed to the clients, shareholders, members or others with an interest in the organisation. There is no mandatory content but typically the report might contain the following: comments on the results; an overview of trading and the business including management, succession planning, diversity and values; a governance overview including the impact of governance and risk [/QUOTE]
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