Turning to our website, if we access http://chap09.booksomeplace.local/trends/future/, we can see the initial data that represents property bookings in England with a factor of 10%. Here is a screenshot of our work:
If we make a change to any of the fields, the chart changes. Other things that could be done at this point are the following:
- Adding additional trend data parameters
- Adding multiple lines representing different countries for other criteria for comparison
- Dressing up the chart using colors and redefining the labels
As you have now learned, the three types of financial reports – revenue reports, aging reports, and revenue trend reports – are all important tools in the overall process of risk analysis. Trend reports especially benefit from a graphical representation.
