Having the right financial information on time, every month, allows for better business decisions by management.
Management reporting is an essential part of the decision making and leadership process for any company. Quite different from Vietnamese statutory reporting, management reporting is essentially presenting financial information in a manner that helps understand business performance and allows measurement against predetermined targets. Management reporting can take many forms, and the initial development of the appropriate templates and identification of relevant information is just as important as the presentation of the information on a monthly or quarterly basis to management.
Using the templates or formats required to meet international head office requirements, we can assist with the preparation of monthly financial and management reporting.
We can assist with the identification of KPI’s across different divisions or departments, and prepare succinct and appropriate “dashboard” reporting templates that provide deep insight into your business operations.
We can help produce management reports that better reflect the nature of your operations. The standard Vietnamese “VAS” profit and loss statement may not be one that is useful or consistent with your business, so better management reporting using international standards or approaches may provide more insightful information to management.