By Mark Goehring 132 September - October - 2007 Our cooperatives aim to provide value on behalf of member owners and often take a wide-ranging approach on how to express and demonstrate that organizational accomplishment. When it comes to managing and reporting financial performance and condition, traditional financial statements do quite nicely. Financial statements are not good places in which to exercise “local control” [...]
This flowchart describes the steps and questions to use during the process of accepting or rejecting a monitoring report. Use during a meeting or beforehand to prepare yourself.