When writing annual reports, companies put so much thought into what their investors want to hear and information they feel is important to share. What some companies fail to do is making sure their reports aren’t filled with grammatical errors. There are so many variations of grammar that are incorrectly used on the day to day, that it’s easy to get into bad habits you unknowingly picked up.
Here are some common grammar mistakes and how to avoid them.
Their, There or They’re?
Their- A pronoun, use this form as a possessive (The company released their report)
There- An adverb, usually referring to a place (The report is over there)
They’re- This is a contraction of “they are” (They’re writing a report)
Your- A pronoun that is possessive (Your report)
You’re- A contraction of “you are” (You’re doing a report)
Its- A possessive form of it (The company has lost its investors)
It’s- A contraction of “it is” (It’s the company’s report)
Effect- It’s the result of something, the cause, power to produce results (The company had an effect on the market)
Affect- To act on, to produce an effect or change in (The market affected the company’s growth)
Who- The person that, or any person that (Who does this investor think he is?)
Whom- The objective case of “who” (Whom did you speak with?)
Which- A relative clause (Which report did you want?)
That- Used to indicate a person or a thing (That report over there)
Than- except (My annual report was better than the proxy report)
Then- At the time (…then my report was finished)
Could’ve vs. Could Of
Could’ve has frequently been misrepresented as “could of” which is incorrect. I’d suggest not even using the contraction in the first place. However, if you must, it’s a contraction for “could have”, “could of” doesn’t make sense.
Granite vs. Granted
Granite is a type of a stone and a popular counter top choice. Granted means to admit or concede.
Next time you get ready to send out the annual report, just be sure you put your best foot forward by avoiding these simple yet common mistakes.