Description
Write a 5 page paper describing 5 validation rules that use to develop a detailed End User Data Analysis of a company's financial reports. Explain why selected each validation rule. Do not need to be professional.
Explanation & Answer
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Outline
Introduction – define validation rules and their application in data analysis
Body – reversed calculation rule
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Negative values rule
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Deprecated element used in the filing rule
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Inappropriate calculation descendant rule
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Before tax items rule
References
Running head: VALIDATION RULES USED TO DEVELOP A DETAILED END USER
DATA ANALYSIS OF A COMPANY'S FINANCIAL REPORTS
Validation Rules used to develop a Detailed End User Data Analysis of a Company's
Financial Reports
Student’s name
Institution’s name
Course name and code
Date
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Running head: VALIDATION RULES USED TO DEVELOP A DETAILED END USER
DATA ANALYSIS OF A COMPANY'S FINANCIAL REPORTS
2
Validation Rules used to develop a Detailed End User Data Analysis of a
Company's Financial Reports
Validation rules are essential in detecting and fixing errors and inconsistencies in
a company’s financial statements. These rules are useful in the identification of possible
financial data errors such as improper correlations between data elements, incorrect
date and data association, and incorrect negative elements in the data (Harrington,
2019).
A valid validation rule should detect a prospective error and provide
comprehensive information about the error as well as guiding the user on how to correct
it. Companies use different validation rules to appropriate their financial reports when
the entries do not agree in the instance document. Financial matters should be dealt
with competently to avoid messing up a company’s financial records (Harrington, 2019).
This paper intends to discuss five validation rules, provide detailed information, and an
explanation of why I selected each rule.
1. Reversed calculation
The reversed calculation validation rule is used in evaluating whether or not an
organization’s calculation relationship is a reversal of the calculation that is
taxonomicall...
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