Annual reports at present, against past remedying efforts, still score low in clarity, readers interest, investment decision usefulness and understandability among other desirable attributes; this empirical study in Lagos has confirmed. This work originally submitted as Masters Thesis in 2008 prescribes novel disclosures extension which users sampled herein confirm will enhance the information value (valence) of future annual reports and satisfy their expectations. This monograph will hence give more use value as a guide on financial statements formats, presentation and disclosures to...