Types of audit

This query is : Resolved

Report Abuse Follow Query Ask a Query

azhagan

azhagan (Querist)
Follow

22 December 2011 How to prepare the MIS?

Guest

Guest (Expert)

23 December 2011 23rd December, 2011

Management Information Systems (MIS) Reports are reports generated from the system which aid the Management to take good decisions regarding the functioning and progress of the Company. You have MIS for :

1. Cost Centres;
2. Departments;
3. Regions;
4. Functional Heads;

All the above MIS Reports are drill down reports from the system.

FCA Prashant Chavan

Message likes : 1 times

azhagan

azhagan (Querist)
Follow

23 December 2011 Thank you very much to salve it sir,

another question is If I am trying to prepare the MIS report to Management what is quality required for the "Report"?

Guest

Guest (Expert)

23 December 2011 23rd December, 2011

By Quality, we are referring to the presentation in MIS Reports. For income and expenses, we mean reporting figures for each month, quarter and for the year on the one side as compared to the corresponding figures for the previous year's period on the other side in "T" form. A column for % variation can also be added.

You need to keep in mind the target audience whilst making your presentation.

FCA Prashant Chavan

Message likes : 1 times

azhagan

azhagan (Querist)
Follow

23 December 2011 Thank You Very much sir,

What is the Difference between the budget and MIS?

How these two tools are helps to improve the business?

Guest

Guest (Expert)

23 December 2011 Budget is a forecast. MIS is the compilation of actuals over a period of time.

Already answered.

You can also mail me your latest resume along with your photo at prashant.pscl07@gmail.com

FCA Prashant Chavan