The Directors' Financial Digest
The BankLink Solutions ~ Forecasting & Reporting Systems provide various levels of concise reporting to meet the needs of various constituents within the Bank.
The "Directors' Financial Digest" is intended to provide Directors and Executive Management with a quick and easy reference to the Bank’s Performance. All pertinent Financial Data is presented in a "user friendly" format of just six pages, as a condensed alternative to the multi-page, detailed analyses available in other reports.
The Directors' Financial Digest provides a summary of the:
- Performance Analysis
- Current Year Perspective
- Next Year Forecast
- Third Year Forecast (when appropriate)
The Performance Analysis Section of this report gives the Board a Financial Analysis of the Balance Sheet, Income Statement, and numerous Key Ratios in comparison to the Budget for the current month and on a year-to-date basis.
Additionally, it compares the current month’s performance and condition to both the prior month and to the same month one year prior.
The Current Year Perspective and Next Year’s Forecast show the actual and projected Financial Analysis of the Balance Sheet, Income Statement, and numerous Key Ratios.
Please click on the link below to view a sample of our Directors' Financial Digest: