A special report is a customized financial report that deviates from the standard formats set by Generally Accepted Accounting Principles. These unique reports address specific information needs while maintaining professional standards and clarity. They can be done independently or alongside a normal audit engagement and can cover certain sections, accounts or items of financial statements. Examples include cash receipts/disbursements and tax basis financial statements.
The term special report can also refer to a in-depth examination of a subject, oftentimes within the context of journalism or academic studies. In journalism, this could mean a detailed look at alleged wrongdoing or corruption, while in academia it could be an in-depth exploration of a technical or scientific topic.
A research report is a document that presents the results of an analytical, qualitative or quantitative study to a scholarly audience. It is an important part of the research process and allows scientists to present first-hand verifiable information in a structured format that highlights gaps in existing knowledge. A good research report includes an expert opinion section that discusses the significance of the findings and implications for future studies based on the systematic investigation. It should be accompanied by a comprehensive literature review that analyzes the previous research in order to provide context. In addition, all authors should disclose potential conflicts of interest. This information should be included in the Expert Opinion section and listed in the bibliography. LVCCLD provides specialized reports and analytics to the world’s business leaders.
