Basic Requisites of a Good Report
A report is a vehicle carrying information to different levels of administration. Quality of decision-making depends to a large extent on the quality of information supplied and on the promptness and consistency of reporting. Good reporting is necessary for effective communication. hence a good report should possess the following basic requisites.
- Promptness: It means that report must be prepared and presented on time.
- From and content: A good report should have a suggestive title, headings, sub-headings, paragraph divisions, statistical figures, facts, dated etc.
- Comparability: Reports are also meant for comparison.
- Consistency: consistency envisages the presentation of the same type of information as between different reporting periods. Uniform procedure should be followed over period of time.
- Simplicity: The report should be in a simple unambiguous and concise form
- Controllability: It is necessary that every report should be addressed to a responsibility centre and present controllable and uncontrollable factors separately.
- Appropriateness: Reports are sent to different levels of management and the form should be designed to suit the respective levels.
- Cost considerations: The cost of maintaining the reporting system should commensurate with the benefits derived there form.
- Accuracy: The report should be reasonably accurate.
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