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MONTHLY FINANCIAL MANAGEMENT REPORT AS AT END JULY2021 (9/1/3/6)Cluster : Finance Portfolio: Financial Management1. PURPOSE The purpose of the report is to reflect the financial position of the Municipality
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Gather all financial documents including income statements, balance sheets, and cash flow statements.
02
Organize the information into categories such as revenue, expenses, assets, and liabilities.
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Calculate key financial ratios such as profit margin, return on investment, and debt-to-equity ratio.
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Analyze the data to identify trends and areas for improvement.
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Create a summary of the financial performance for the month, highlighting any significant variances from the budget or previous months.
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Present the report to relevant stakeholders such as management, investors, or creditors.

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Monthly financial management report is a report that provides a summary of an organization's financial health and performance for a specific month.
Certain organizations such as publicly traded companies, non-profit organizations, and government agencies are typically required to file monthly financial management reports.
Monthly financial management reports are typically filled out by the organization's finance department or accounting team using financial data from the organization's records.
The purpose of the monthly financial management report is to track and analyze the organization's financial performance on a monthly basis in order to make informed decisions and plan for the future.
Information such as revenue, expenses, cash flow, assets, liabilities, and financial ratios must be reported on the monthly financial management report.
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