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iii. Academic/Educational Report
This is the report prepared by a student or group of
students on a certain topic or chapter during or after an
academic session. It may also be written about extra-curricular
activities, exhibitions, excursion visit, etc. In Nepal, the
students of the post graduate level write academic report as
thesis and excursion activities. Nowadays, the students of the
graduate level have also started to write academic reports on
different topics. Academic report

Key Point The report which is prepared by the school, students or teachers on
completion of an academic year is known as educational report.

iv. Audit Report

Every organization maintains several books of account for
recording its financial transactions. It is necessary to examine
the books of account in a regular interval of time, say monthly,
quarterly, half-yearly and annually at the close of each fiscal
year to see whether the books of account are maintained as
per the accounting principles and prescribed financial rules
and regulations. The act of examining the books of account is
known as auditing and the person who performs auditing is
known as auditor. As such, the report prepared by an auditor,
after examining the books of account including therein the fact
and findings is known as audit report. It contains all the facts,
frauds, errors, etc. of the books of account and the auditor’s
suggestions to correct such frauds and errors. Such a report is Audit report
submitted to the authority to which the auditor is responsible.
There may be different types of audit reports. Internal audit report and final audit report
are the common and important ones, specially in case of a company.
The books of account of all the government and public enterprises are audited by the
Office of the Auditor General and those of the private organizations by the private
auditors having audit license from the Institute of Chartered Accountant.

Key Point The report which is prepared by an auditor after examination of books of
account is known as audit report.

v. Committee Report

There may happen many incidents into the social life and also in the organizational
environment such as theft, accident, murder, strike, etc. A commission or committee is
formed by the government authority or even by an organization for its detailed study
and investigation. The committee submits a statement of the detail findings of its study
and investigation on the incident to the authority to which it is responsible. Sometimes,

16 Aakar’s Office Practice and Accountancy - 10 Office Procedures 17