The Accounting Review Vol. 32 No. 1 1957
REPORTS TO TOP MANAGEMENT.
Abstract
Management reports have traditionally been considered an internal problem for each individual firm. The basic problem in top management accounting reports revolves around communication. In designing management reports, if the job is to be done right, the accountant must put himself in the position of the operating executive and determine what financial information is desirable and in what form it will be most useable. The members of the Board of Directors, and the operating management of the functional operating divisions that form the operating and financial policies of the business, may not be trained accountants. The usefulness of management reports is dependent in part on the personal taste of the individuals and individual preferences, but it is also dependent in part on the training and working habits of each group of individuals who may, in the past, have influenced the manner and the extent to which management personnel currently uses financial or other management reports. The lines of communication need to be clear and open between operating management and the Board.
- DOI
- 10.2308/tar-7133539
- Volume
- 32
- Issue
- 1
- Pages
- 56-59
- Language
- en
- Sources
- openalex crossref