Annual Report Project-Starbucks Name: Course: Professor Name: (February 23, 2012) .  Main sections of the annual report The main sections of the annual report indicate the big picture of the financial report. The common sections are auditor`s report, financial statements, notes to the financial statements and the management discussion and analysis (Investor.starbucks.com., 2009). The auditors` report is critical in the Starbucks financial report in that in indicates the accuracy of the numbers used. Auditors highlight future concerns of the company by all the stakeholders. The editors basically indicates the direction of the company, whether declining or inclining and the probable areas of improvement (Investor.starbucks.com., 2009). Financial reports in the Starbuck are critical, in that they establish the income statement, balance sheet and statements on cash flows. This is critical in identifying the actual position of Starbuck Coffee Company in the market. The notes to the financial statements indicate the potential challenges with the numbers used in the report and the means in which the editors arrived at the numbers (Investor.starbucks.com., 2009). This is essential in maintaining accuracy of the annual reports in the Starbuck Coffee Company. The section detailing the management discussion and analysis is critical in that it identifies rising and falling of the financial results. Factors affecting the operations of Starbuck Coffee Company are cl...