Financial reporting · The reporting pack · Element

The separation

Which reporting is for management and which is statutory.

The part

What it is

Mixing them produces management reporting on a statutory timetable, which is too slow to act on.

Reconciliation between the two should exist and should not be a condition of publishing the management version.

The smallest level

The attributes it carries

Each attribute is one of the framework’s shared types. What a date is, and how it is written, is defined once for the whole model — the note here says what it means in this particular place.