Speaker: John Doris, Meridian Business Advisors

Topic Outline:

Accountants often do excellent work in preparing accounts but fail to do themselves justice when presenting the results to the board or management. They work hard to establish the level of profits or losses and then consider that the job is done.

The accounts presented often mirror the format used in statutory reporting and the information is not presented in a way that shows trends or helps the board and management to make decisions or deal with the issues that they face.

This lecture considers the needs of management and boards and then considers how financial information should be tailored to meet these needs. It looks at the information requirements of management and boards and suggests potential reporting formats.