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Management reporting is the process of collecting, analyzing, and presenting data to aid decision-making within organizations, utilizing visual tools to simplify complex information. It is typically created by professionals such as controllers, business analysts, and department managers, and can be generated monthly, quarterly, or annually based on organizational needs. Various types of management reports exist, including financial, operational, and strategic reports, each serving specific purposes to enhance business performance and compliance.

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22 views2 pages

Reviewer

Management reporting is the process of collecting, analyzing, and presenting data to aid decision-making within organizations, utilizing visual tools to simplify complex information. It is typically created by professionals such as controllers, business analysts, and department managers, and can be generated monthly, quarterly, or annually based on organizational needs. Various types of management reports exist, including financial, operational, and strategic reports, each serving specific purposes to enhance business performance and compliance.

Uploaded by

joanamica sibuyo
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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Management Reporting

1. What is management Reporting?


 Process of collecting, analyzing, and presenting data to support decision-making within an
organization.
 A vital tool for organizations to communicate business performance, monitor key metrics
and make informed decisions.
 Provide insights into a company’s performance, financial status, and operational efficiency.
 Uses charts, graphs, and infographics that simplifies a complex data.
2. Who creates Management Report?
It is typically created by professionals in an organization who analyze data and present insights
for decision-making.

a. Controllers, finance teams and accountants – prepare financial reports and ensure accuracy
in financial data for budgeting and forecasting.
b. Business Analysts – analyze trends, KPI’s performance and provides insights to improve
efficiency and profitability.
c. Department Managers – generate reports specifics to their departments (sales marketing
report). Track departmental goals and performance.
d. IT & Data Analysts – Extract and organize data from company databases. Help automate
reporting software like Excel and Power BI).
e. Senior Executives (CFO, CEO, COO, etc.) – review and interpret reports to make strategic
decisions.

Frequency of Reports: typically generated monthly, quarterly, or annually depending in the


organizational needs.

3. Types of Management Reports


a. Financial Reports – focus on financial performance. Provides financial data for decision-
making.
b. Operational Reports – Cover the day-to-day operations. Tracks ongoing business operations
and efficiency.
c. Sales and Marketing Reports – Analyzes revenue, sales trends and targets.
d. Human Resources Reports – tracks employee productivity and evaluations.
e. Strategic Reports – provide insights for long-term business planning and decision-making.
f. Compliance Reports – Ensure adherence to industry regulations and standards.
g. Internal Audit Report – Ensures adherence to company policies and financial regulations.
h. Analytical Reports – Analyze data to identify trends and insights for better decision-making.
i. Internal Reports – assess managerial and departmental performance. Used within
organization to track performance and operations.
j. External Reports – shared with external stakeholders such as investor, regulators or partners.
k. Statutory Reports – Mandatory reports required by law regulatory bodies.
Management Reporting

l. Project Management Reports – Monitor progress, risks, and budgeted of ongoing projects.
4. Goals of Management Reports

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