The report testing process can be critical to providing management with the confidence necessary to rely up on the integrity of data housed in key financial applications. This white paper aims to provide a common working definition for report testing, explain why it is important, and offer useful guidance on how to scope and execute report testing. This paper addresses the following questions:
- What is report testing?
- Why is it important?
- How is report testing scoped?
- How is report testing conducted?
- How often must companies conduct report testing?
- How do companies operationalize the report testing process?