INTRODUCTION

 In a short term it means supplying facts and figures.

 A report is a means of communication which is in written form and it is
useful for management for the purpose of planning decision- making
and controlling.

 Management reporting is defined as “ A system of communication,

normally in written form, of the facts which should be brought to the
attention of various levels of the management who use them to take
suitable actions”.
 Means of
communic-
ation

Satisfy
control interested
parties

OBJECTIVE

Basis to
measure Serve as a
performan- record
ce

Legal
requiremn-
ets
 IMPORTANCE OF REPORTING

 It provides information to the management.

 Helps in selecting the best profitable alternative for future.
 Helps in controlling the performance.
 Helpful in profitable operations.
 Helpful in achieving the overall objectives.
 PRINCIPLES OF REPORTING

1. Completeness: The measures should cover all aspects of the reporting

entity’s mission.
2. Legitimacy: Reports should be appropriate for the intended users and
consistent in form and content with accepted standards.
3. User friendly: Reports should be understandable to reasonably informed
and intended users.
4. Reliability: The information presented in the reports should be verifiable
and free of bias and faithfully.
5. Relevance: The report must be relevant.
6. Consistency: Consistency is required not only internally, but also over time.
7. Timeliness: A timely estimate may be more useful as with the passage of
time the usefulness of information diminishes.
8. Comparability: Financial reporting should help report users make relevant
comparisons among similar reporting units.
QUALITIES OF GOOD REPORTS

Proper Form Promptness

Contents

Comparability Consistency Simplicity

Flexibility
TYPES OF
REPORTS
 Types of Reports

 On the basis of objects and purpose:

 Internal reports
 External reports
 On the basis of nature:
 Enterprise report
 Investigating report
 Control report
 On the basis of period:
• Routine report
• Special report

 On the basis of functions:

 Operating report
 Financial report
 GENERAL FORMAT OF REPORTS

 Consist of 3 parts:
1. The preliminaries
2. The text
3. The reference materials
 The reference
The preliminaries The text material

• Title page • Introduction • Bibliography

• Preface • Main body of the • Appendix
• Table of contents report
• List of tables • conclusion
• List of figures and
illustrations