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vijay bhaskarvijay bhaskar 

diff b/w reports and dashboards

diff b/w reports and dashboards
Sai Ram ASai Ram A
Hello Vijay

Reports: A report returns a set of records that meets certain criteria, and displays it in organized rows and columns. Report data can be filtered, grouped, and displayed graphically as a chart. Reports are stored in folders, which control who has access
DashBoards:  Graphical view of the data in your reports. 
Administrators control access to dashboards by storing them in folders with certain visibility settings. Dashboard folders can be public, hidden, or restricted to groups, roles, or territories. If you have access to a folder, you can view its dashboards. Follow a dashboard in Chatter to get updates about the dashboard posted to your feed. Each dashboard has a running user, whose security settings determine which data to display in a dashboard. If the running user is a specific user, all dashboard viewers see data based on the security settings of that user—regardless of their own personal security settings. For dynamic dashboards, you can set the running user to be the logged-in user, so that each user sees the dashboard according to his or her own access level.

http://www.salesforce.com/us/developer/docs/workbook_analytics/workbook_analytics.pdf

P.S.  If my answer helps you to solve your problem please mark it as best answer. It will help other to find best answer.

Thank you
BLearn - Sai
janardhan mjanardhan m
+1 sai,
A report is a visualization of the data that was returned by a given search. They allow you analyze the information you uncover through your searches and use it to create compelling stories

A dashboard is a collection of objects (reports, links, etc.). This allows you combine multiple different "stories" into a single interface. 

https://raven.zendesk.com/hc/en-us/articles/202990644-What-s-the-difference-between-a-Dashboard-and-a-Report- 

http://answers.splunk.com/answers/282/what-is-the-difference-between-a-dashboard-and-a-report.html