Maintaining an efficient, productive work environment, and ensuring that you can identify any employee discrepancies or issues is critical to being proactive about business growth. Monitoring employees working hours and productivity levels can help you detect potential staff errors quickly, control these errors, and avoid negative impacts on your financial results at the end of the day, and ultimately, the month.
- When calculating the berry ratio, usually external income and interest aren't included, but depreciation and amortization could be, depending on the particularities of your financial strategy.
- An indicator over 1 means that the company is making a profit above all expenses while a coefficient below 1 will indicate that the company is losing money.
- Sales numbers: the number of client contacts, the number of calls an employee makes, the amount of active sales leads.
- Units produced: lines produced during coding, number of keys a nurse receptionist can hit per minute, etc.
- Customer handling time: how many customer calls are answered during a specific time period, for example.
To manage financial performance in comparison to a set target, you can also use a modern KPI scorecard. That way, you will not only monitor your performance but see where you stand against your goals and objectives.
a) Operating Cash Receipts, Disbursements, Balance
To be able to effectively manage all your finance reports, you will need professional tools. The traditional way of reporting through countless spreadsheets no longer serves its purpose since, with each export, you manage historical data and don't have access to real-time insights. The power of a modern dashboard builder lays within the opportunity to access insights on-the-go, in real-time, and with refreshing intervals that you can set based on your needs.
Cash flow report: indicates the changes in cash versus its fixed counterparts, such as exactly where cash is used or generated during the week.
These financial statements will help you get started. Additionally, you might want to consider specific KPIs and their relations. Gross profit margin, operating profit margin, operating expense ratio, etc., all have different applications and usage in a relevant financial data-story. Take your time to identify the ones you want to include in your financial report of a company in order to avoid multiple repeats afterward.
No matter if you're a small business or large enterprise, you need to clearly define your goals and what are you trying to achieve with the report. This can help both internal and external stakeholders who are not familiarized with your company or the financial data. If you're creating an internal report just for the financial department, it would make sense to include financial jargon and data that, otherwise, would create challenges for external parties to follow.
BELOW IS THE LINK TO THE SAMPLE PAPER 2018-19 ALONG WITH ITS MARKING SCHEME:
- Make sure you use language which is suitable for the audience you are addressing. The usage of complex vocabulary for addressing children is not advisable.
- Make sure you write in paragraphs.
- Practice previous year question papers.
- Read as many samples as you can. It will give you an idea as to how they are actually written.
- Read the question at least twice and highlight the important information. It is very important to understand the question and read between the lines. Albert Einstein once said,
Q1. MMD School, Nashik, recently organized a science symposium on the topic: 'Effect of pollution on quality of life'. You are Amit/Amita Raazdan, editor of the school magazine. Write a report on the event for your school magazine. (120 – 150 words)
(SOURCE- CBSE 2020)
Reports are used as a form of written assessment to find out what you have learned from your reading, research, or experience and to give you the experience of an important skill that is widely used in the workplace.
Report Writing Format Sample | Report Writing Topics
The school has taken the responsibility of educating the people residing in the village. Selected students from each standard are taken there every weekend, during school hours to impart knowledge.
They were taught the basics of being able to read and write. Free books and stationery is being provided for quality education. All the arrangements including desks and blackboards were done in advance.
The first 6-month motive is to make each and every person capable of reading and writing. Free books and stationery are being provided for quality education.
An adult literacy camp was organized by Cultural Society Sunshine Public School, Nellore in the school neighborhood yesterday extending educational options to those adults, who have lost the opportunity and have crossed the age of formal education. The activities of the camp were carried out by the cultural society of the school and there were a total of 25 volunteers.
- Summary of the facts (Conclusion). This is where you summarize the data presented in the body paragraphs to remind the audience of what you have discussed in the information report. It is unlike a classic conclusion where one presents their opinion on the topic at the end. The conclusion could also include rhetorical questions and links to materials that will assist the audience in understanding more about the topic of discussion.
- Glossary. It contains topic-specific vocabulary identified before the writing stage. The words should be written in alphabetical order with their corresponding definitions according to the context of the topic. It is sometimes helpful to highlight words in the information report defined in the glossary to ease the reader’s work in finding the meaning of words according to context.
- Bibliography. In this section, you outline all the resources you have used in completing your information report. These could be websites, peer-reviewed journals, books, magazines, and other sources.
No matter the task you are handling in an information report, you need to know the characteristics and structure of the paper. Information reports are based on different topics like pollution, computers, and so on, where you are required to provide the audience with information about the topic. Thus, you must know what the report entails before writing it.
- Reports on social studies. These are information reports where you are required to describe culture and economy, history, people, and society.
- Scientific reports. These reports major on describing the behavior and appearance of the subject of your information report.
- Technological reports. They focus on information related to the uses and components of technology.
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Information report structure
- Select a topic. The initial step is to select a good topic based on what you want to inform the audience. Select a topic that you can adequately research and present facts about objectively. After selecting a topic, probe it to understand whether it is too broad. If the topic is too broad, narrow it down to avoid losing focus while writing the report. Let your topic be narrow to the point of providing several paragraphs to the audience with easy focus and manageability.
- Create a thesis statement. The thesis statement comes at the end of your introduction. It is the premise of your information report, which should be about one to two sentences that are clear to understand. A good thesis statement assists in focusing your information report for you to understand what to leave out and what to include.
- Do extensive research on your topic. Your information report should be based on undeniable facts that can be proved. Thus, you need to research information about your topic from reliable websites and use academic sources, including peer-reviewed government reports, journals, and reference books. Refer to different resources about the information you want to write about to ensure that your information is credible enough and consistent.
- The writing process:
- Table of contents. The table of contents is mostly included for long information reports to assist the audience in locating specific information in the text. For long information reports, ensure that each section corresponds to a page number on the table of contents for easier navigation through your report. For shorter information reports, number the sections instead of page numbers. Page numbers are entered in the table of contents after the information report has been written.
- The opening statement (introduction)
An information report entails a very simple structure, but you need to brainstorm the task and select a good topic before getting to the structure.
It is the initial paragraph of your information report that introduces the topic you are expounding on and should grab your audience’s attention from the word go. Ensure that your introduction is clear and easy to understand to avoid losing your audience from the beginning. Finally, at the end of your introduction is the thesis statement of your information report which should be a clear short sentence.
Conclusions, guesses, hunches, and other thought processes do not belong in a report. Stick to the facts. A statement like “He was aggressive” won’t stand up in court. You can, however, write “Jackson clenched his fists and kicked a chair.”
“Contacted” is vague: Did you visit, phone, or email the witness? “Residence” is just as confusing: House, apartment or mobile home? Always strive for clarity.
Remember that the information needs to be organized logically with the most important information coming first.
Organizing information in groups has two important benefits: Your report is more logical, and it’s easier to read and understand later on.
Pointers to score high in Report Writing
- Title Section – This includes the name of the author(s) and the date of report preparation.
- Summary – There needs to be a summary of the major points, conclusions, and recommendations. It needs to be short as it is a general overview of the report. Some people will read the summary and only skim the report, so make sure you include all the relevant information. It would be best to write this last so you will include everything, even the points that might be added at the last minute.
- Introduction – The first page of the report needs to have an introduction. You will explain the problem and show the reader why the report is being made. You need to give a definition of terms if you did not include these in the title section, and explain how the details of the report are arranged.
- Body – This is the main section of the report. There needs to be several sections, with each having a subtitle. Information is usually arranged in order of importance with the most important information coming first.
- Conclusion – This is where everything comes together. Keep this section free of jargon as most people will read the Summary and Conclusion.
- Recommendations – This is what needs to be done. In plain English, explain your recommendations, putting them in order of priority.
- Appendices – This includes information that the experts in the field will read. It has all the technical details that support your conclusions.
A widespread mistaken notion is that passive voice guarantees objectivity and accuracy. However, it is not true. Writing a sentence like “A revolver was seen under the nightstand” does not guarantee that you are telling the truth. It is much simpler to just write “I saw a revolver under the nightstand.” That is what you would prefer to read in the report submitted by someone else as well, isn’t it?
Short, straightforward sentences are easy to read, understand and save time for everyone. You will appreciate this time-saving tip when you are reviewing a report to prepare for an important business meeting. Also, the longer a sentence is, the more likely you are to make an error.
“Since” is easier to understand (and write) than “inasmuch as.” “Pertaining to” is a fancy (and time-wasting) way to write “about.”
After gathering all the necessary facts to write your information report, it is now time to get down to the writing process. The information report should have the following parts
- Select a topic. The initial step is to select a good topic based on what you want to inform the audience. Select a topic that you can adequately research and present facts about objectively. After selecting a topic, probe it to understand whether it is too broad. If the topic is too broad, narrow it down to avoid losing focus while writing the report. Let your topic be narrow to the point of providing several paragraphs to the audience with easy focus and manageability.
- Create a thesis statement. The thesis statement comes at the end of your introduction. It is the premise of your information report, which should be about one to two sentences that are clear to understand. A good thesis statement assists in focusing your information report for you to understand what to leave out and what to include.
- Do extensive research on your topic. Your information report should be based on undeniable facts that can be proved. Thus, you need to research information about your topic from reliable websites and use academic sources, including peer-reviewed government reports, journals, and reference books. Refer to different resources about the information you want to write about to ensure that your information is credible enough and consistent.
- The writing process:
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- Table of contents. The table of contents is mostly included for long information reports to assist the audience in locating specific information in the text. For long information reports, ensure that each section corresponds to a page number on the table of contents for easier navigation through your report. For shorter information reports, number the sections instead of page numbers. Page numbers are entered in the table of contents after the information report has been written.
- The opening statement (introduction)
Information reports categories
No matter the task you are handling in an information report, you need to know the characteristics and structure of the paper. Information reports are based on different topics like pollution, computers, and so on, where you are required to provide the audience with information about the topic. Thus, you must know what the report entails before writing it.
It is the initial paragraph of your information report that introduces the topic you are expounding on and should grab your audience’s attention from the word go. Ensure that your introduction is clear and easy to understand to avoid losing your audience from the beginning. Finally, at the end of your introduction is the thesis statement of your information report which should be a clear short sentence.
When writing an information report, you have to understand which category you are dealing with to ease your work.
It is the most voluminous section of your information report, which expounds on the facts about your topic. In the presentation, you can quote, paraphrase, or summarize the facts you are discussing at this point. Get the facts you researched on and use your own words to present them. You can also divide your body paragraphs into headings and subheadings, which will assist in organizing your information and giving the flow of your information report.