Managementrapport

Managementrapport, or management report, is a formal document produced by an organization's management that accompanies financial statements to summarize performance, strategy and prospects for a given reporting period. It is primarily an internal governance and communication tool, though in many jurisdictions it is included in or referenced by the annual report and may be subject to regulatory or stock exchange requirements. The scope typically extends beyond numbers to explain the business environment, strategic objectives, operational highlights, risks and uncertainties, and significant events that affect value creation.

Contents commonly include: business overview, strategy and objectives, key performance indicators, financial and operational results, liquidity and capital resources, risk management, governance and control environment, sustainability matters, and outlook or targets.

The document is prepared by management and reviewed by the board or audit committee, with inputs from different functions (finance, operations, risk, compliance). It aligns with accounting results but focuses on forward-looking information and management's interpretation.

Relationship to other reports: MD&A, annual report. It may be used for investor relations; in some jurisdictions, it has legal status or is required by corporate law.

Challenges include balancing transparency with sensitivity, ensuring accuracy, integrating with accounting standards (such as IFRS or GAAP), and providing assurance. The managementrapport serves as a bridge between financial data and strategic narrative, supporting governance, decision-making and stakeholder communication.