Dale, a senior accountant, references the company’s accounting statements as the basis for a summary of his firm’s financial information, products, and growth plans for owners and potential investors. The summary Dale is preparing is called a(n)

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The summary that Dale, a senior accountant, is preparing with reference to the company's financial statements is called the annual report.

What is the annual report?

Corresponds to a document containing the accounting information of an organization and which must be disclosed in accordance with established laws, being an instrument of accountability to partners and shareholders of a company.

Therefore, the annual report increases the transparency and reliability of the company's equity situation, helping in decision making and attracting investors.

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