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Financial Reporting Benchmarking

A cooperative study to identify the best financial reporting processes at media companies that looked into how newspapers manage their financial reporting processes including insight into process alternatives such as:

  • Effectively closing books
  • Report formats
  • Systems options
  • Skill sets
  • Work practices
  • Shareholder/regulatory reports
  • Satisfying customers of financial information
  • Special reports and analysis


We researched areas such as:

  • Closing Cycle Issues
    A review of what newspapers do to close their books on a timely and efficient basis.
  • Report Formats
    A review of the types of reports produced in financial and circulation.
  • Systems in Reporting
    An understanding of how newspapers collect financial and circulation data in automated systems Æ what systems work the best.
  • Special Reports and Analyzes
    Understanding how newspapers support the business processes by providing value added support to their operations.
  • Corporate
    We looked at how organizations comply with the complex requirements placed on them by their corporate parents.


Participants were:

Involved in the design of the study, so that we are sure we are asking the questions that are important to your newspaper;

Invited to attend site visits to best practices newspapers, so that you can hear first hand about how they have created high performance information systems organizations; and

Invited to a readout/discussion session, so that questions about study results were answered.


For further information please call:

(281)440-5044

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Use This Information Request Form


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