A special report is a research work that provides in-depth information about a specific subject matter. It usually involves analyzing and presenting data and research findings that are based on systematic investigations. This type of report is often used in the context of journalism and academic studies. It is typically written in a formal language and should present first-hand verifiable information. It should also be well structured with relevant headings and sections. Graphs and other visual representations can also be included in special reports.
Radio and television news programs often report breaking stories as a special report. They usually air during regular scheduled programming, using a ticker to display the story as it breaks. The program will then include analysis about the event through analysts in-studio or via phone, satellite or broadband (B-GAN). Depending on the severity of the story, regular commercial advertising may be suspended for extended coverage.
In the context of auditing, a special report is a customized financial report that deviates from the standard format of Generally Accepted Accounting Principles. These unique reports address specific information needs while maintaining professional standards and can be used to comply with contractual agreements or regulatory provisions. They can also include certain sections, accounts or items of a financial statement. For example, a special report may be issued to comply with tax basis accounting, which differs from cash receipts and disbursements examined in a standard audit. Generally, these types of reports are done alongside a standard audit.
About the Author
