A special report is a detailed document or presentation that focuses on a particular topic or issue. It can be used in various contexts, including journalism, academic research, or corporate communications. In general, a special report provides in-depth analysis or research findings and is often presented in an informative manner that is easy for the average person to understand.
The term is also commonly used in the fields of science and medicine. For example, a medical researcher would write a special report that summarizes the results of their systematic investigation in a format that is easily readable by other researchers in the field. This type of report can help to increase the credibility of a scientific study. The format of the report may vary depending on the audience, such as a general public or a specialized group.
A special report is a customized financial report that deviates from standard formats established by Generally Accepted Accounting Principles (GAAP). It can include certain sections, accounts, or items of a financial statement and is typically used to comply with contractual agreements or regulations. Special reports are often conducted alongside a normal audit engagement. For example, a business that uses a cash basis of accounting and is required to file a tax return would prepare a special report to communicate this information to the IRS. Other examples include: