This manual, a revision of the 1976 publication entitled "Management Reports," is intended to assist college business officers in establishing sound accounting systems and in preparing readable and meaningful financial management reports. A detailed description of the accounting system and a new expenditure classification structure have been included. The classification structure is comprehensive and is intended to provide meaningful cost information to use in budget analysis, control, and financial forecasting. Report formats that institutions can adapt to meet their needs are included for the following areas: student recruitment, admissions, and retention; student financial aid; personnel; budget control; auxiliary enterprises development programs; debt service; and cash management. Reports are intended primarily for interim internal reporting, providing management and governing board members with information on a monthly or quarterly basis. A chart of accounts and related coding structure provides the various categories used in classifying the financial transactions of an institution. The coding structure is intended for use with electronic data processing equipment, but it can be used with less sophisticated accounting systems. Sample forms are appended and definitions are provided for the following: funds, functions and subfunctions, specific unit, general ledger classification, assets, liabilities, appropriations, reserves/fund balances, revenues and receipts, expenditures and transfers. (SW)