Management Reporting Services

It is impossible to competently manage a company without systematically collecting and analyzing data on the actual state of the business. Managers should have both financial and non-financial information to respond quickly to changing circumstances. Developing management reports helps to objectively evaluate results and make effective decisions.

Russian accounting standards have become more similar to International accounting standards. However, financial statements prepared in accordance with Russian standards still don’t reflect the full picture of the financial situation. Statutory financial statements are also submitted only once a year.

Outsourcing Solutions offers management reporting services. Our team will draft the necessary reports per international accounting standards or intercompany standards. Reports could be submitted on a monthly or quarterly basis to meet company deadlines. Reports may contain various information and can be formatted per the specifications of your company CFO or head office.

The basic package consists of 4 reports:

Profit and Loss Statement (P&L);
Balance Sheet;
Trial Balance;
CashFlow.

Each company individually customizes the information to be included in management reporting, and how often and in what form it is made.

The larger the company, the more data is required for analysis. For medium and small entities, basic reporting forms are sufficient, as long as they contain all the necessary figures and are understood by all interested users.

Management reports we develop:

P&L
Balance Sheet
Cash Flow
Trial Balance
Revenue per client or cost center
Expenses per cost center
Short-term and Long-term budgets
Revenue and expense breakdowns
Headcount
Payroll cost
Cash flow forecasts
Information in Excel format for SAP and other accounting and ERP-system

Prices list

Drafting a monthly management reporting package in Russian, including income statements by type of activity, detailed expenditures, a statement of cash flows, and budget forecast for the next reporting month.

Do you need an expert advice?

Ask questions and make an appointment by phone

+7 (495) 797-10-99

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or order call our expert

contact@rusoutsourcing.com

We prepare management reporting under 4 rules

Relevance

Reliability

Efficiency

Transparency

In other words, information must match the actual state of affairs at the moment and be presented in an accessible form. Even if end users do not have in-depth financial knowledge, they should not have any problems reading and interpreting the reports.

Outsourcing Solutions has extensive experience in developing management reporting for foreign and Russian company executives.

With our support, you will always be in the picture, receiving reliable information in an accessible form and in a timely manner. You do not have to be distracted with management reporting — we will systematize and analyze your business performance based on primary documents, accounting and tax data.

This will help you to realistically assess the state of the business and, through expert guidance, be an order of magnitude ahead of your competitors.