Business

Types of Report on the basis of Objectives

Types of Report on the basis of Objectives

Types of report on the basis of objectives:

Report can be classified into the following two types on the basis of its objectives:

Informational report: An informational report is one that contains detailed information on the event without any analysis or recommendation. The usual readers of informational reports are officers, board of directors and stockholders of a company. Informational reports provide data, facts, feedback, and other types of information without analysis or recommendations. Examples of informational reports are progress reports, annual reports, compliance reports, report on company policies and procedures etc.

Analytical report: Analytical reports is one that presents information along with necessary analysis and inter predation of the information and makes recommendations on complex problems. Analytical reports offer both information and analysis, but they also include recommendations. Offering recommendations is the biggest difference between informational and analytical reporting. Examples of analytical reports are suggestion reports, recommendations reports, justification reports, and feasibility study reports.