Companies use reports to manage their business, determine the financial results of their operations, and communicate those results to both internal and external users. The purpose of this policy is to document which reports are designated as key financial reports and determine whether they are reliable for their intended use. 

In this sample, reports are system-generated and do not involve the development or management by end users for intended purposes. Key reports are defined as those reports that either (a) develop or assist management in understanding pertinent financial information or (b) serve as a critical component of the control framework.