Management reporting tip - KPIs and 'MILO BLAIN' By Richard Murphy

Technology is a wonderful thing, but the GIGO rule works better in its case than just about anywhere else - garbage in means garbage out. Most financial controls are about avoiding this problem, writes Richard Murphy in an article inspired by AccountingWEB's recent series on the ideal monthly management pack.

There's another rule in accountancy which might be called MIMO - masses in, masses out.

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