Kolluru Krishna Murty
(Partner)
(315 Points)
Replied 25 February 2012
MIS - Management Informations System.
Managements would normally like to know the happenings in the organisation on exceptional things on periodical basis.
For example 1.Profit,loss, assets,liabilities,cash-inflow,expendirure,updation of statements/books/registers/billing/Bank reconcilliations,debts,statutory payments,tax obligations etc,.
Please understand what are the areas management likes to know and periodicity at what intervals it would like to know .
Based on the system in vogue in the organisation try to make out the exceptional areas and frame a satetement to be sunmitte to the organisation.
This is a very broad sketch of MIS frame.
kkm
CAclubindia
