Append below listed the different level of users(Management) and the requirements of the reports:-
|
Broadly classified into three level namely Top management, middle management and lower level management.
|
|
Top Management
|
- Prepared reports that give a complete and readily comprehensive summary of the overall aspects of operations and an indentification of major events.
- Summaries must be supported by sufficient detail to facilitate tracing unfavorable situation to their source
|
|
Middle Management
|
- Defined as members of management in chare of the major subdivisions of the business like sales, production and finance
- Responsible for carrying out the responsibilities assigned to the subdivisions within the broad policies and objectives established by top management.
- Reports include summary data, also are characterized by detailed data on day-to-day operations.
|
|
Lower level management
|
- Comprises the supervisors and foremen
- Principally concerned with coordination and control of day-to-day operation
- Therefore control reports must be designed accordingly
- Reports are principally concerned with production and cost control
- Reports must be detailed, simple, understandable, and limited to items having a direct bearing on the supervisors’ operational responsibilities.
|
|
Click here to go to All topics on Report Writing re: Performance Reports on Management Control
|