某咨询财务管理最佳实践财务报告(英文)VIP免费

第1页共34页编号：时间：2021年x月x日书山有路勤为径，学海无涯苦作舟页码：第1页共34页1RecordtoReportTheExecutiveBoardisresponsiblefortheconduct,operationalandfinancialperformanceofanorganisation.Theseresponsibilitiesaredischargedby:clearlystatingtheshortandlongtermobjectivesoftheorganisation;clearlystatingthepolicyguidelineswithinwhichtheyexpectmanagementtooperate;definingthesystemforensuringthatmanagementactsinaccordancewiththeBoardsdirection;anddefiningproceduresformeasuringtheextenttowhichprogresstowardscorporateobjectivesisbeingachieved.1.1ThevalueofinformationInorderfortheBoardtobeabletofunctioneffectively,informationiskey.ABoardwhichoperateswithinsufficientorinaccurateinformationwillbeunabletomonitortheorganisationeffectivelywithdecisionmakingbeingbasedonflaweddata.Underthisscenario,thereisasignificantriskthattheorganisationwillfailtomeetitslongtermobjectives.PostEnron,Qwest,WorldCometcExecutiveBoardscannotfailtoappreciatethattheirreportingimpactsnotonlyontheperformanceandfutureoftheirownorganisation,butcapitalmarketsasawhole.Highquality,transparentreportingwhichisbasedonrelevantfinancialandnon-financialvaluedriversiscriticalfordrivingcorporateperformanceaswellrestoringconfidenceinthemarkets.Thefirststeptowardsachievingthisistoimplementaframeworkofmanagementreportingwhichisbasedontimely,relevantandaccurateinformation.Thiswillenableeffectivedecisionmakingaswellasmeetingtheneedsofexternalstakeholders.1.2ScopeofRecordtoReportThescopeofthispaperisthefinancialandnon-financialreportingresponsibilitiesoftheCFO/FD.Assuchitcovers:Section2:Board/Divisional/costcentrereporting(alongwithapplicationofBusinessIntelligencetechniques)Section3:GeneralledgerandthechartofaccountsstructureSection4:Monthendcloseandconsolidationprocesses第2页共34页第1页共34页编号：时间：2021年x月x日书山有路勤为径，学海无涯苦作舟页码：第2页共34页Section5:StatutoryreportingThepaperdoesnotcoverthereportingresponsibilitiesofotherOperationalExecutives(eg.Sales,Logistics,CRM,Marketing,HRetc).第3页共34页第2页共34页编号：时间：2021年x月x日书山有路勤为径，学海无涯苦作舟页码：第3页共34页2Managementreporting2.1ThepurposeofmanagementinformationThepurposeofmanagementinformationisto:monitorprogressagainstcorporateobjectivesandplansidentifyactionsrequiredwhereactualperformanceisatvariancewithexpectationTheBoardReportisakeycomponentinthemanagementreportinghierarchy,collatinginformationacrossanorganisation.TheBoardReportcombinesthevariousoperationalactivitiesthroughthecommonandobjectivemediumoffinance(beitsterling,dollarsetc).AgoodBoardReportwillultimatelydrivedecisionmakingandactions,assistingtheorganisationtoachieveitsshort-termandlongtermobjectives.AssuchtheBoardReportshouldprovideallthenecessaryinformationtosupporttheBoardinfulfillingitsresponsibilities.Indoingsoitshouldbe:Externallyfocused-Marketopportunities-Threats-CompetitionForwardlooking-Drivingvision-Aligningoperationstostrategy-RefiningstrategyasrequiredChallengingtothemanagementteam-Drivingperformance-Questioningthestatusquo-Understandingandmanagingrisks第4页共34页第3页共34页编号：时间：2021年x月x日书山有路勤为径，学海无涯苦作舟页码：第4页共34页2.2Managementreporting&operationalreportingManagementreportingisabroadtermwhichmaymeandifferentthingstodifferentpeople.Itis,therefore,necessarytounderstandthedistinctionbetween:managementrep...