Access Cross Country\’s most recent annual report (select the \”Investors\” menu item). Locate the notes to the financial statements and identify the information topics disclosed in these footnotes and explain the reasons for disclosure.
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The information topic displayed under financial statements is the annual reports and proxy statements as well as archived proxy statement. The former has annual reports from 2004 to 2017 while the latter has proxy statements from 2015 to 2018. Normally, a comprehensive annual report is meant to paint a picture of the company’s undertakings in the whole of the preceding year. They thus give stakeholders as well as other relevant parties’ information regarding the financial performance of the company. The reports are filed at the registry so that it is easy for retrieval (King, 2018). In Cross Country, the reports given are for comparative purposes since they are for several years. They thus reflect on how well the company has been performing in different fiscal years. The…
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