Management reports usually combine a financial summary, comparisons with budget and forecast, key operating metrics, a cash outlook, and commentary on what changed and what management intends to do. Unlike statutory financial statements, their format is set by the business to suit its decisions.
The most useful report packs are consistent from period to period and traceable. Readers should be able to tell which data and assumptions produced each figure, and a correction should create a new edition rather than quietly changing a report that has already been discussed.