sources of financial information

          Sources of financial information

information is very important in investment, those who make decision about investment without proper information follows a very dangerous approach. Financial information provides the base for investor on which  he can judge the strength and weakness of the company to take appropriate financial decision.   

            SOME OF THE SOURCES WHICH WE WILL DISCUSS

• ANNUAL REPORT
• INTERIM REPORT
• STOCK BROKERS
• MERCHANTS BANK ADVISORY SERVICE
• INSIDERS                              
•                         
•                          ANNUAL REPORT
  Annual report is the vital document containing comprehensive information about the document . An investor receives a copy of annual report if he/she is the investor of the company.
  In other words it is  a company's yearly report to shareholders, documenting its activities and finances in the previous financial year.
  They may  be considered as an grey literature.
  
  
  As i stated earlier it is comprehensive document which means it contains bunch of reports i.e,
  §  chairman's report
  §  Director's report
  §  Balance sheet
  §  P&L statement
  §  Photographs of the company's work
  §  Additional disclosure
  §  Auditors report
  
  
                                       INTERIM REPORT
  When we are talking about investment we know the decision of investment are made throughout the year and not necessarily at the time when annual report is published . For this there is need of a constant flow of information from the corporate sector .Keeping this in  view the requirements of the investor the stock exchange made compulsory to the companies to publish their half yearly unaudited result.
                                        STOCK BROKERS    
  They are also a great source of financial information .Brokers service depends upon the investment goals and preference of individual investor and freedom given by investors to them. Stock brokers are familiar with the ups and downs of the company and they can provide vital information for investor which cannot be accessible through any other medium.
  
  
               MERCHANT'S BANK ADVISORY SERVICE
  Mostly Merchant bankers deal in company securities. so they have professional  expertise ,investment experience and positive attitude towards service . They are usually in a position to give better investment advice to their clients and thus help them to give satisfactory result.
  SERVICES :
  Professional  investment consultants , investment managers ,insurance  agent , auditors;
                    
                                    INSIDERS
  Insiders are the person who act on inside information to make huge profits from investment . Insiders possess the inside information and knows that information he has is reliable . Insiders information is most reliable and trustworthy than any other source provided . And investor and insider itself can make huge profit on this information. on the other hand information which is not published but insider tried to leak the information or wants to earn profit is considered as betrayal under the eyes of law.
  
  
  
  
                                                 Helps taken from the books:
                                     "investment decision" by jawahar lal
                                     "Fundamentals of investment" by R.S bhardwaj