安永-财务管理最佳实践-管理报告.ppt

1、e#Feb 2004Finance Function ExcellenceManagementReportingProcess!#PAGE 2Finance Function ExcellenceManagementReportingProcessThis pack has been written to provide guidance on current thinking of World Class Process design.The pack should be used as a reference document which can be discussed internal

2、ly or with clients.It should not be distributed to clients as this document is the Finance Function Excellence teams current view of leading practice.The material contained within can however be discussed with clients and should be used as a starting point for developing World Class Processes.The pr

3、ocesses are generic and have been developed at a high level so that they can be applied to different client situations.For more information please contact one of the following:-James M0207 951 0045Louise S0207 951 7391!#PAGE 3Finance Function ExcellenceKey ProcessObjectivesOrganisationRolesProcesses

4、Key ControlsKPIsTechnologyManagementReportingProcessTo provide the right information at the right timeTo provide accurate informationTo ensure that the needs of the business are metTo align reporting with business strategyTo provide the business with management information that supports decision mak

5、ingCentralised production of management accountsEconomies of scaleReview and analysis performed by business specialistsReport preparationVariance analysisFinancial analysisStandard control reportsAuthorisation of manual journalsAutomatic recs of AR&AP to GLStandard reportingNo.of days to prepare man

6、agement reportsNo.of FTEs involved in reporting processNo.of adjustments madeSingle core finance/reporting systemUse of balances scorecardsAutomated consolidationSlice and dice facility in reportingData preparationDetailed analysisReview of reports!#PAGE 4Finance Function ExcellenceManagementReporti

7、ng-TrendsFromToHistoric looking thick management accounting packSeparate reporting systemsUse of spreadsheetsManual reconciliationsFinance measuresOne page scorecards Integrated systems and shared dataData warehousesAutomated reconciliationsOperational and finance measures!#PAGE 5Finance Function Ex

8、cellenceProcessMappingGuidanceNotesOverviewThis is used to provide a graphical representation at various levels of detail of the key processes and activities being reviewed.Processes are generally divided into four components:process,sub-process,activity and step.Process flow charts can be drawn to

9、any of these levels to document current as is processes and to represent future to be processes.The objectives of process mapping are to:Understand and make visible what happens now-what activities take place and how they are linked together Provide a common language for understanding the processes

10、in question Assess the flow of activity independently of organisation and internal politics Highlight cost and performance issues in generating the output Provide the base data for redesigning processes Act as a common tool for both understanding the current state and the to-be.Detailed guidance on

11、constructing a process map is included in the appendix to this document.!#PAGE 6Finance Function ExcellenceManagementReporting-ProcessKeyThe diagram below provides a key to the process diagrams contained in this document.Process/activityControls(i.e.ProceduresStandardsRequirements for rework)Output(

12、i.e.InformationMaterial)Resources(i.e.PeopleFunctionsIT systemsMachines)Input(i.e.InformationMaterial)!#PAGE 7Finance Function ExcellenceManagementReportingProcess-StakeholdersBills,logging information customer informationAdhoc invoices&standing dataReportsGLPostingsGeneral LedgerGeneral LedgerBusin

13、essBusinessBankBankManual InvoicesManual InvoicesBilling SystemsBilling SystemsStatementsARARAlso electronic AP/AR data from bank for auto cash managementFinanceFinanceAuditorsAuditorsAPAPBoardBoardReportsReceipts dataPayments dataReportsRaw data analysisReportsRaw data analysis!#PAGE 8Finance Funct

14、ion ExcellenceManagementReporting-Level1MR 1.1 Report preparation Import data Run report Initial review Process adjustments Add commentaryMR1.2 Variance analysis Issue report Perform variance analysisMR1.3 Financial analysis Perform detailed analysis Add commentary Use financial informationActivitie

15、sBooks closed and consolidatedManagement reporting systemManagement reporting staffValidation control on uploadStandard reportsAnalytical reviewAR StaffAR SystemSystem controlsReport PreparationMR 1.1Variance analysisMR 1.2Financial analysisMR 1.3ReportReportManagement reporting systemManagement rep

16、orting staffE-mailsFinalised management report!#PAGE 9Finance Function ExcellenceManagementReporting-Level2-MR1.1ReportPreparationMR1.11 Import dataMR1.12 Run reportMR1.13 Initial reviewSub Processes/NotesImport data into management reporting systemRun initial management reportPerform initial analysis of report contentIdentify adjustmentsUpload dataMR 1.11Run reportMR 1.12Perform initial reviewMR 1.13Process adjustmentsMR 1.14Add commentaryMR 1.15MR1.14 Process adjustmentsPrepare adjustmentsProc