Communication By Management Reporting 2016.pdfVIP

Darling, we need to talk! Communication by management reporting If your management reporting does not supply the information you need to make decisions, then it is high time to talk. Contents 5 Darling, we need to talk! Communication by management reporting 7 Can we watch something other than football? Reporting is more than just financials 9 Another pair of shoes? The information provided must add value 11 Why don’t you read the map? Reporting content derived by corporate strategy enables precise navigation 13 I don’t understand you! Unambiguous content ensures a common understanding 15 You are a natural beauty! Only reports with a clear layout can convey the key messages 17 Can’t we do something together for once? An integrated data pool leverages synergies 19 You’re never there when I need you! Flexible and mobile reporting meets individual information requirements 21 Housework is a breeze! Standardized reporting processes enable a reliable supply of information 23 Do it properly! A holistic quality process ensures high-quality information 24 Do you think we can make it work? We are happy to help you take the next steps Darling, we need to talk! Communication by management reporting 1 Where we come from The keeping of cash journals goes as far back as Ancient Rome, where household income and expenses were recorded in the “codex accepti et expensi.” This housekeeping book provided an overview of the assets and liabilities of any given household that was subsequently used for the calculation of taxes. The concept of reporting can also be traced back to that era, the word itself being derived from the Latin “reportare.” Up until the time of mercantilism, accounting was all about the deduction of taxes and charges. The concept of costs w