The Management Reporting System
The Management Reporting System
The Management Reporting System
Reporting System
Alisa Mae Albay
Management Reporting
Management Principles;
Management Function, Level, And Decision Type;
Problem Structure;
Types Of Management Reports;
Responsibility Accounting; And
Behavioral Considerations.
1. MANAGEMENT PRINCIPLE
This suggests that management should structure the firm around the
tasks it performs rather than around individuals with unique skills.
The purpose of this is to avoid an organizational structure in which the
organization’s performance, stability, and continued existence
depend on specific individuals.
The organizational chart shows some typical job positions in a
manufacturing firm.
The information system must focus on the task, not
the individual performing the task. Otherwise,
information requirements would need to be
reassessed with the appointment of each new
individual to the position.
Function
Planning
Control
MANAGEMENT FUNCTION, LEVEL, AND
DECISION TYPE
The control function ensures that the activities of the firm conform to
the plan.
This entails evaluating the operational process (or individual) against a
predetermined standard and, when necessary, taking corrective
action.
Effective control takes place in the present time frame and is
triggered by feedback information that advises the manager about
the status of the operation being controlled
Planning and Control
Four categories:
strategic planning,
tactical planning,
managerial control, and
operational control.
Strategic Planning Decisions
When all three elements are known with certainty, the problem is
structured. Payroll calculation is an example of a structured
problem:
1. We can identify the data for this calculation with certainty (hours
worked, hourly rate, withholdings, tax rate, and so on):
2. Payroll procedures are known with certainty:
3. The objective of payroll is to discharge the firm’s financial
obligation to its employees.
Unstructured Problems