The Chief Financial Officer (CFO)of Your Company Has Asked You

Essay

The Chief Financial Officer (CFO)of your company has asked you to help her develop a cost control report to be distributed within the company.She wants your input concerning what she should think about before developing such a report.Discuss the significant points,in detail,the CFO should consider before the cost control report is prepared.
In addition to identifying the Why,Who,What,and When of the report,students should address the specific points that need to be considered under each topic.
Why: What is the purpose of the report? Is the intent to report on total costs or is the report going to be concerned with specific costs? Are the costs being considered for the entire company or for specific segments of the company?