Describe What an Analytical Report Is and How It Differs

question 99

Essay

Describe what an analytical report is and how it differs from an informational report. Then list three categories of analytical reports, describe each, and give an original example of each.

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Definitions:

Accounting Treatments

Methods or procedures applied in preparing and presenting financial statements, based on guidelines from accounting standards.

Credit Risk

The potential for loss due to a borrower's failure to make payments on any type of debt.

Principal

The original amount of a debt or investment before interest.

Interest Payments

Periodic payments made to lenders or creditors as compensation for borrowing money, usually calculated as a percentage of the principal amount.