You have recently been hired as the Director of Internal Reporting for the XYZ Corporation. In this capacity, you have been requested to develop a periodic report to fill management's needs regarding information to run the business and make critical decisions .This would require you to develop a report which contains information relating to financial accounting data, managerial accounting data, and operational analysis of the corporation. Each of the sections of the report should contain a list of the items you feel would be relevant to management's decision making process in running the business. In addition, you should spell out both the overall frequency of the reporting package, and the frequency of each item contained within the report. For instance, you may decide that the package should be compiled/distributed on a monthly basis, but that one of the potential items in the package should only be inserted in the package on a quarterly basis.

The first section of the reporting package (Financial accounting section) should only contain financial accounting and financial accounting related information. The second section (Managerial Accounting) should only contain Managerial accounting related data, and the third section should contain operational statistics or key performance indicators.

In doing the pro forma reporting package, please keep in mind that you do not need to go into detail regarding each item that you recommend be included in the report. You only need to list the item (bullet points) and its frequency.

In order to complete section three, you will need to select an industry that you are doing the report for, as the operational statistics/key performance indicators are industry driven.

Internal Management Report XYZ Company Overall Report Frequency (Monthly/Quarterly/Annual): Financial/Management Accounting Related Reports 1. 2. 3. 4. 5. 6. 7. 8. Key Performance Indicators (Operational Statistics) 1. 2. 3. 4. 5. 6. 7. 8