ABAP reports:

Reports are Programs that read data from the database, processes the data and displays
the data to the required format.
USES
Reports are uses in day to day business environment. For eg
Displaying the purchase orders vendor wise
Displaying the balance of vendors to be paid till a particular date
Enhance the efficiency & transparency of Business Processes
Sound Decision making with the control of master data and
accurate reporting
Relevant Documents immediately available for in case of drill down reports
Multiple angles of Data representing and Forecasting Values
Events
INITIALIZATION
Before the standard selection screen is displayed
AT SELECTION-SCREEN
After user input on a selection screen has been processed, but while the selection screen
is still active
START-OF-SELECTION
After the standard selection screen has been processed, before data is read from the
database
END-OF-SELECTION
After all data has been read by the database
TOP-OF-PAGE
In list processing when a new page starts
END-OF-PAGE
In list processing when a page ends