Youth Boomers

Name ID.
Md. Shahidul Islam 110106050

Md. Moazzem Hossain 110106034

Md. Anqur Chowdhury 110106027

DEFINITION
William.p.leonard

A comprehensive and constructive examination

of an organizational structure of a company
,institution or branch of government ,or of any
component thereof , such as a division or
department and its use of human and physical
facilities
Objectives

Business managed efficiently.

Improvements and recommendations.
Plans and programmes executed.
Increasing managerial efficiency.
Objectives
Effective and efficient discharge of
duties and responsibilities.
Assess whether it can achieve the
overall business objectives or not.
scope
1. prospective demand of business and aims
with objectives.

2. Return on investment.

3. Relationship with shareholders and

investing public in general
scope
4. Ratio analysis of homogeneous industry
with heterogeneous quantity.

5. Financial planning and controlling.

6. Production and sales issue of the

management audit.
Types of information required for
management audit

Objectives
Planning
Organization
Control
Functional areas
Functional areas
Purchase
Production
Distribution
Personnel
Finance and accounting
Management reporting
Meaning
A good business report is a communication
that contains factual information , organized
and presented in clear, correct and coherent
language.
-Johnson and
savage.
Essentials of effective reporting
Good form and content

The report should be given proper title,

headings, sub-headings and paragraph
divisions.
Essentials of effective reporting
Simplicity

The report should be presented in a

simple, unambiguous and clear
language.
Essentials of effective reporting
Promptness

Promptness in submitting a report is an

essential element of a good report. The
reports should be sent at the earliest and
should not be delayed.
Essentials of effective reporting
Relevancy

The reports should be presented only to the

persons who need them. Sometimes the
reports are sent to various departments
and the secrecy will not be maintained and
expenditure will be more.
Essentials of effective reporting
Consistency

There should be a consistency in the

preparation of reports . The
comparability of reports will be possible
only if they are consistent.
Essentials of effective reporting
Accuracy

The reports should be reasonably

accurate. A report sometimes will be
approximated but approximation should not
be done up to the level where information
loses its form and utility.
Essentials of effective reporting
Controllability

The report should be addressed to

appropriate persons in respective
responsibility centres and its variance
should be mentioned.
Essentials of effective reporting
Cost Consideration

The cost of preparing and presenting the

report should also be considered and it
should not exceed the advantage
derived from such reports.
Essentials of effective reporting
Comparability

This reporting system is meant to help

management in taking correct decisions
and improving operational efficiency of
organization. This information helps in
finding out deviations or variances.
Essentials of effective reporting
Frequency of reports

Along with promptness, the frequency of

reporting is also significant. The timing of
reporting will depend upon the nature of
information and its purpose. These reports
are prepared for appropriate persons.
 Any
Question???