Tuesday 13 December 2011

Getting the annual report right – advice from CIMA

Despite the rise of social media, not all business communications have to be restricted to 140 characters. The annual report is a vital piece of company documentation and financial managers need to consider both legal requirements and how to communicate well with all stakeholders.
A feature in FM (Financial Management) – the magazine of the CIMA - offers 8 ways to focus your annual report. Areas such as having KPI data available as early as possible and planning for different audiences are covered.
It also offers advice, with the help of key figures in the financial accounting sector, on structuring an online version. One contributor explains the power of the annual report being online. “There are millions of potential investors just a click away…try to make the online experience interactive – animate charts, for example... At a minimum, supply Excel spreadsheets they can download.” For the full feature go to the FM website. http://www.fm-magazine.com/feature/list/8-ways-focus-your-annual-report

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