Annual Report is a detailed information setup required for the various classes of people relating to their sphere of activity. Stakeholders, creditors, financial analysts and customers require information relating to investment decisions. The core form of annual report is financial statements which are presented in the form of balance sheets, cash flows and outflows, detailed synopsis as well as management notes which also incorporate the auditor’s opinion (Friedlob and Welton, 2008). All these sources of information pooled together ascertain the total strength of the company. With the latest advent of technology these reports are available at the click of a button but a lot of pride and effort goes in preparing this. The present age of information explosion has contributed to the immense increase in length of the annual reports.