Hi Srikanth,

What do you mean by BA (Business Analysis) reporting tools? 

A few types of reporting tools come to mind:

• Tools which allow the analyst to create views into the requirements repository/artifacts and show things like: all downstream design elements impacted by a given requirement, all requirements which have the same business need, all requirements which have a high priority, etc.
• Tools which allow the business analysts to analyze data and create reports to be used by business executives for business intelligence purposes, by the legal department for compliance and regulatory purposes, by the finance department for budget and forecasting purposes, etc.
• Tools which allow the analyst/manager to measure the BA's productivity.

On your second question, quality assurance and testing are vital to any project.  Take a look at this thread for my views of the business analyst's involvement in testing:

http://www.modernanalyst.com/Community/Forums/tabid/76/forumid/-1/postid/1754/scope/posts/Default.aspx

- Adrian