'Clarity, honesty and strategy': the future for model reports

Article Abstract:

It is becoming increasingly widely believed that the traditional company annual report is of very little use except for meeting legal requirements. These reports are very expensive to prepare, and are generally not read very thoroughly, as their contents are often revealed earlier in preliminary announcements. Design consultancies Thumb and The Hamiltons are among those who have suggested alternatives. Thumb believes that the annual report should be part of a continuous communication process, while The Hamiltons has devised a new style of report based on honesty, strategy and clarity.

Reporting & Disclosure, Authorship, Corporation reports, Company reports

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Software that builds bridges

Article Abstract:

The Chartered Institute of Management Accountants pulished a guide to electronic financial data interchange (EDFI.) It enables the user to choose elements of the system to produce a specialised business tool. The jargon-free book is concerned with the strategic management opportunity of electronic data interchange (EDI.) Suppliers and customers benefit from the paperless administration. Senior managers need to be computer literate to appreciate the advantages of working in partnership with other companies.

Analysis, Business, Reports, Information management, Data processing, Electronic data interchange, EDI (Electronic data interchange), Electronic data processing, Chartered Institute of Management Accountants

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