"report is prepared" is a perfectly grammatically correct and usable statement in written English.
For example, you could use it in the following sentence: "The project team has completed their work and the report is prepared."
The BBC's director of news, Helen Boaden, has stepped aside while the report is prepared, and though she expects to be reinstated when it is published, her absence further weakens a BBC management board that already contains an acting director general, an acting director of television (or Vision, as it's called), and an acting director of radio (or Audio & Music).
A formal written report is prepared by the radiologist with conclusions, including recommended further steps.
The report is prepared by PricewaterhouseCoopers for the Interactive Advertising Bureau, a trade organization of online advertisers and publishers.
While it's useful, because the report is prepared on a cash basis, it does not tell the full story, since billions of dollars are accrued each year for liabilities not yet due but certainly coming due.
However, considering the point in time, we have to differentiate between two kinds of factors: there are factors already known at the time when the appraisal report is prepared, such as the condition and the location, and there are control variables which we only get to know after the workout-process is completed, such as the type of liquidation.
The report is prepared by ODNI based on discussions between the directors of National Intelligence and the CIA and the Secretary of Defense.
The report was prepared in support of providing data for preparation of a NEPA Environmental Impact Statement in support the U.S. Department of Energy (DOE) Global Nuclear Energy Partnership GNEPP).
Tells how the report was prepared.
"This report was prepared by Russian patriots.
The report was prepared by the Illinois Institute of Technology's Research Institute.
The report was prepared by James R. Thompson, former governor of Illinois.
