Akkuro | Composable Banking | Insights

Financial spreading for annual statements

Written by Jamie Burink | July 28, 2025

Balance sheets, income statements and cash flows should be a source of clarity, not complexity. That’s why modern institutions are turning to automation to streamline the analysis of annual statements and gain real-time financial insights with less effort. 

Why annual statements matter 

Annual statements offer a complete picture of a company’s financial health over the past year. They are essential for: 

  • Assessing financial health: understand assets, liabilities, income and expenses with clarity 
  • Regulatory compliance: stay aligned with IFRS, GAAP and audit standards 
  • Strategic decision-making: provide stakeholders with accurate data for lending, investing and growth 

In short, they inform credit risk, shape investment strategies and ensure your institution stays compliant.