When we talk about reporting in the world of finance, we're really diving into two main arenas, internal and external reporting. Internally, these reports serve as our compass. They guide decision making across departments, whether that's the finance team scrutinizing the numbers, or the risk department evaluating exposures. For instance, imagine our traders reviewing daily P&L reports, or our risk managers analyzing credit exposure summaries. Externally our reporting responsibilities shift a bit. Here it's all about transparency and compliance. We're providing insights to shareholders, ensuring they're in the loop about our financial health, but it's not just shareholders. Regulators too are keenly interested. These reports help maintain a transparent, trustworthy financial ecosystem. Think about annual reports, earnings releases, or regulatory filings. In a nutshell, reporting is about making informed decision, our polling transparency, and ensuring we remain compliant in a fast moving environment.