Business reporting

Business reporting or enterprise reporting is "the public reporting of operating and financial data by a business enterprise,"[1] or "the regular provision of information to decision-makers within an organisation to support them in their work."[2]

Reporting is a fundamental part of the larger movement towards improved business intelligence and knowledge management. Often implementation involves extract, transform, and load (ETL) procedures in coordination with a data warehouse and then using one or more reporting tools. While reports can be distributed in print form or via email, they are typically accessed via a corporate intranet.

With the dramatic expansion of information technology, and the desire for increased competitiveness in corporations, there has been an increase in the use of computing power to produce unified reports which join different views of the enterprise in one place.[3] This reporting process involves querying data sources with different logical models to produce a human readable report—for example, a computer user has to query the Human Resources databases and the Capital Improvements databases to show how efficiently space is being used across an entire corporation.

Reporting can be used in another mean for verification and cross-checks. Audit teams like FINRA and SEC adhere to reports for all business firms.

References

  1. ↑ Lymer, Andrew. "BUSINESS REPORTING ON THE INTERNET" (PDF). Retrieved Nov 6, 2013.
  2. ↑ Hill, Gregory. "a guide to enterprise reporting". Retrieved Nov 6, 2013.
  3. ↑ Moeller, Robert (2007). COSO Enterprise Risk Management: Understanding the New Integrated ERM Framework. Wiley. ISBN 0-471-74115-9.

See also

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