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Mass media Finance & AccountsCase 08 of 10Illustrative engagement

Consolidated MIS for a media group

A media group

  • RegionIndia
  • ScopeMonthly
  • TimelineOngoing
  • MarketsIndia
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Illustrative engagement. A representative scenario showing how we approach this kind of work in mass media. It does not describe a specific client; outcomes are described qualitatively.

01

Industry overview

What is shaping mass media

Media groups operate across TV, print, radio and digital, and need a joined-up view of audiences and advertisers.

  • Audiences move across screens
  • Advertisers want cross-media evidence
  • Brands must stay relevant to younger audiences
02

Client background

A media group, working in India. This is an illustrative engagement: a representative scenario showing how we approach this kind of work, not a named client project.

Organisation
A media group
Sector
Mass media
Team engaged
Finance & Accounts
Services
MIS & financial reporting, Virtual CFO services
03

Client challenge

Each business unit reported differently, making group performance hard to read.

04

Research objectives

  • Deliver on the brief: consolidated MIS for a media group.
  • Establish accurate, reconciled numbers management can rely on.
  • Put a reporting and compliance rhythm in place that runs on time.
05

Target audience

Scope: Monthly.

Audiences we typically reach in mass media

Viewers, readers and listenersAdvertisersMedia plannersYounger audiencesRegional audiences

06

Geographic coverage

Coverage: India. Market: India.

  • India
07

Research methodology

A structured finance engagement: review the current process, set up controls, run the routine and report.

  1. 1Brief
  2. 2Consolidated reporting
  3. 3Insight

We standardised reporting formats and produced a consolidated monthly MIS.

MIS & financial reportingVirtual CFO services

08

Sampling strategy

  • Every ledger, entity and transaction stream in scope was covered, with sample-based checks during review.
09

Data collection

Discovery Plan & design Build / execute Test & refine Launch & handover Indicative phasing.
  • Source documents, bank statements and ledgers were collected through a secure shared workspace.
10

Data quality & validation

  • Maker-checker review on all entries
  • Bank and ledger reconciliations
  • Client approval before every filing or report
  • Supporting documents kept for every figure
11

Data analysis

  • Variance analysis against budget and prior periods
  • Ratio and trend analysis
  • Cash-flow view for management
12

Key findings

  • Consistent reporting enables comparison.
13

Recommendations

  • Build on the core insight: consistent reporting enables comparison.
  • Keep the monthly routine and review exceptions with management every period.
14

Business impact

  • Leadership compared units on the same basis and acted faster.

Impact is described qualitatively.

15

Deliverables & next steps

  • Insight report and management presentation
  • Monthly MIS pack and reconciled books
  • Compliance calendar and filings
  • Continue the routine and review results every period.
  • A natural follow-on question: how can we reach younger audiences?

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