A special report is a customized financial report that deviates from the standard format required by Generally Accepted Accounting Principles. These unique reports address specific information needs while maintaining professional standards. They can include certain sections, accounts or items of a financial statement and can be used to comply with contractual agreements or regulatory provisions. Special reports are a key component of today’s media landscape and can help organizations build credibility.
The purpose of a special report is to present results and findings based on systematic investigations. It should highlight any relevant jargons and terminologies used in the research process. In addition, it should be written with the audience in mind. For example, if the research is geared towards a general audience, it should be written in a simple language, while for a more specialized audience, the paper should use technical and field-specific terminology.
Special reports are published in journals and often provide a detailed analysis of the current state of knowledge in a particular field. They are usually written to address an area of concern or a gap in existing knowledge. They may also include a literature review which is a written survey of existing research works that are relevant to the systematic investigation in question. This helps to explain the significance of the work and makes it easier for readers to understand the context and background of the research. They are also useful for highlighting areas that require further research.
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