What are the various steps involved in designing accounting reports from accounting data?

Steps involved in designing accounting reports from accounting data:

1. Definition of objectives – The objectives of the report must be clearly defined, identifying who the users of the report are and the decisions to be taken on the basis of the report.
2. Structure of the report – The information to be contained therein and the style of presentation.
3. Querying with the database – The accounting information queries must be clearly defined and the methodology to be adopted while interacting with the database.
4. Finalizing the report.