Assignment on Characteristics of a Business Report

Reporting systems reveals the following characteristics, which are stated below;
Accurate Information: The scientific accuracy of information is very important. Inaccurate information may lead to wrong decision.
Factual Reports: A report is prepared based on information. The information is recorded in the various forms of report including different data. Personal opinion is not recorded in the report except in rare cases; Executives’ opinion / recommendations are processed in the report with the best information for an organization. Auditors’ opinions are also included in the report based on collected information of an organization.
Relevance: The actual information is presented in a report on the basis of relevance of the information. Irrelevant information makes a report confusing, exclusion of relevant facts renders it complete to mislead.
Conventional Formation: A report is prepared based on conventional form to fulfill specific needs on the basis of goals of an organization. Un-conventional formation of information makes a report confusing, exclusion of relevant facts renders it complete to mislead.
Clarity: Clarity is the good characteristics of a report. Clarity depends on proper arrangement of the facts. The report writer must write a report systematically. Purposes of the report, methodology, analysis, findings, conclusion, summary, recommendation etc. are clearly identified in the report.
Lawful Objectives: To prepare a report lawful objectives are included in a report. A report implies facts with objectives so in absence of lawful objectives, a report may be misleading.
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