Reporting

Business Intelligence (BI)
Business Intelligence (BI) refers to the strategies and technologies used by enterprises for the data analysis of business information. BI technologies provide historical, current, and predictive views of business operations.
Cost Item
A cost item refers to a category of costs incurred by an organization that are similar in nature. These costs are collected together both for reporting purposes and because they can be subjected to similar treatment by the costing system. Examples include rent, consumable materials, and sundry selling expenses.
External Report
An organizational report intended for outside circulation, external reports do not contain sensitive organizational information unless necessary to achieve a particular purpose.
Footnote
An explanatory narrative and numerical data that follows the financial statements of a company and is integrally related to them.
Historical Summary
A voluntary statement appearing in the annual accounts and report of some companies in which the main financial results are given for the previous five to ten years.
Property Management
Property management involves the operation of real estate as a business, including activities such as rental, rent collection, maintenance, and numerous other tasks related to the ownership and oversight of properties.
Rundown
A rundown is a concise report or summary providing an overview of the status or key points of a specific situation, topic, or project.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.