ABSTRACT
IN recent years a number of companies have been issuing financial reports to their employees. In general, these reports are modified versions of the Report to Stockholders, though they tend toward greater brevity and toward placing slightly more emphasis on points of especial employee interest. In addition, some of them attempt to explain the accounting terms appearing in the statements and to stress certain financial points by means of pie-charts and pictorial graphics. For the most part, however, the reports do not appear to have been thoroughly worked out to meet the peculiar needs of employees for information.
