Operating Control Reports in Business

A part of any information feedback loop are the operating control reports in business. Depending on the nature and financial impact involved, these reports can be daily (Daily Operating Controls or DOC), weekly (Weekly Operating Controls or WOC) and/or monthly (Monthly Operating Controls or MOC) in management reporting. Their value is to inform management of business activity and identify any potential issues that could generate undue financial harm on the business or worse, create an unsafe product or work environment. The most common types are found in production but they exist in all areas of the business activities. The sections below describe the different types of reports in regards to the major areas of business and illustrate the value the report brings to an owner of a small business operation.

Operating Control Reports in Business

Accounting Systems and Technology, Production Control / By / 02/26/2022
Operating Control Reports

A part of any information feedback loop is the operating control reports in business. Depending on the nature and financial impact involved, these reports can be daily (Daily Operating Controls or DOC), weekly (Weekly Operating Controls or WOC) and/or monthly (Monthly Operating Controls or MOC) in management reporting. Their value is to inform management of business activity and identify any potential issues that could generate undue financial harm on the business or worse, create an unsafe product or work environment.

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