Reengineering of management reporting
Of these goals, management reporting describes the process of delivering management information across
the institute. Management information at MIT consisted of the information needed to manage the projects,
programs, and operations of MIT. At that time, the central accounting office (CAO) in MIT had full
control in the entire institute’s operation and provided a monthly summary statement and detail
transaction reports to departments, labs, and centers (DLCs) once a month from the central financial
systems.