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Reporting To The Board

$50.00

The Board Reporting booklet addresses the requirements for reporting financial and nonfinancial requirements to the Board. The booklet offers multiple suggestions to ensure Directors get the information they need, in an accessible format to meet their responsibilities without excessively burdening the CEO. 

SKU: BR 1 Category:

Product Description

The Reporting To The Board booklet asserts that reporting is where operations and governance meet and Directors and Officers must meet certain standards to fulfill their legal obligations. The booklet addresses reporting financial and nonfinancial requirements and how to ensure Directors get the information they need without excessively burdening the CEO. 

The Reporting To The Board booklet explores the preconditions for effective reporting especially the principles that should be agreed and adhered to. There is much evidence that directors who do not get the information they need, or directors who do not read their papers, place the company at risk.

An example reporting framework is proposed which covers a whole of business model approach, before considering the main aspects of financial reporting including 

  • Specific requirements of Directors when it comes to financial reports
  • Frequency of reporting
  • CEO reporting responsibilities
  • Reporting Financial Performance (profit and loss statement)
  • Reporting Financial Position (balance sheet)
  • Reporting Cash Flow and projections
  • Reporting budget performance
  • Notes on important financial matters.

Non-financial reporting is then considered including the frequency and nature of reporting on:

  • Progress attaining the purpose of the company and the agreed strategy
  • Risk governance
  • Compliance reporting
  • Operational performance
  • Progress with projects and contracts
  • Matters to note
  • Any current or pending significant issues the directors need to know
  • Matters for approval by the Board

The Reporting To The Board booklet provides a sample reporting calendar and argues that forwarding reporting is one of the most important aspects of reporting to a Board.

The author, John Mero, has extensive experience receiving reports to Boards and writing reports for Boards in publicly listed companies, private companies, not for profits and governance agencies. He has also reviewed hundreds of reports to Boards a part of Board performance assessments and remains at the highest level of awareness on what the law expects of directors and officers in reporting. John Mero draws on this vast experience to provide a practical quick read booklet.