ACCA F2 - Management Accounting
Written reports are documents, which present focused, salient content to a
specific audience. A very common form of organisational report is annual report
for shareholders. Auditor's report (internal/external), project report,
management report, performance report and other various types of report are
prepared in an organisation. It means there must be specific format of writing
a report.
Organisations often have second
interview for senior positions for which candidates are asked to prepare a
presentation. The presentation could be on a particular policy area or a
development plan for the organisation. The advantages of such a presentation
are that the candidate can show their communication, presentation, planning and
comprehension skills.
Communication means transfer of
information from one party to another. Effective communication is timely flow
of accurate information to right people. Different chain of communication
presents in organisation.
Written information (forms source of
evidence) provides a proof of undertaking activities and forming decision. Written
information (form purchase requisition to board minutes and project reports)
serves for future reference. Therefore, information should be encoded and
translated into message. There is defined process of translation. It can be scheduled
form filling process for repeated identical information and preparing memo and
reports for diverse and non-routine information.
Writing report starts with gathering
information. Information are encoded in a defined format, to create a message.
A written report can be divided into five distinct parts. They are title, introduction,
analysis, conclusion and appendices. Once writing a report is complete, it needs
one or more reviews to ascertain fairness of report.
The language composition and
'Business English' plays an important role to increase quality of report. Business
English is common English language. It just means reflecting familiarity with
mostly used vocabularies that replace lengthy and weighty words with short and
swift words. As do doctors, engineers, lawyers, scientists, ……. have, people
involved in daily business activities do also have common terms of written and
spoken English. There are different ways to increase English. They are:
Ø Practice listening business news
Ø Try to find out general meaning of difficult words that you
hear
Ø Read business journals and note new words and revisit the
situation
Ø Make best use of business literatures when you are on
vacation
Ø Use audio visuals like documentaries and webcasts/podcasts
No comments:
Post a Comment