2007-10-13 08:50:03 · 2 answers · asked by Traveler 2 in Business & Finance ➔ Corporations
The answer to this question varies some from company to company and from industry to industry, but here are some suggestions:
daily: sales, production
weekly: sales, production, costs
monthly: sales, costs, profits, productions, complete internal financial reports like Income Statement, balance sheet ,etc.
yearly: complete audited financial reports like Income Statement and balance sheet. tax returns.
2007-10-13 09:09:15 · answer #1 · answered by hottotrot1_usa 7 · 0⤊ 0⤋
All of the things that hottotrot1_usa has given but what is important is comparing the current financial data against previous period's data and also against target performance (for the monthly, quarterly, semi-annual and annual data and financial statements).
A CEO needs to be aware of the following:
1. Is current period's performance better than previous year or not? What are the reasons for the differences (variances);
2. Is current period's performance better or below the targeted performance? again reasons for variances need to be explained and known.
These are the things that a CEO need to know and be updated with since he will explain these things to the Board of Directors and the shareholders.
2007-10-13 16:10:47 · answer #2 · answered by Dimos Argento 3 · 0⤊ 0⤋