Course Overview
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Beginner MIS for Organisation:
Broadly the course would cover the following : 1. Basics of MIS 2. Inventory Control 3. Budgeting & Variance Analysis 4. Ratio Analysis 5. Debtors Control 6. Vendors Control. This course is meant for those who are responsible for MIS reports in the organization. MIS report is not just feeding the data into the system but it requires the understanding of the data and the proper presentation of processed data i.e. information. This information is of immense value to Management in today’s highly competitive world for survival and growth. The accuracy level has to be very high so that the right decisions can be taken by the right people at the right time for fruitful outcomes. It can be used for designing and development of MIS reports which are long term based and are very needful for decision making by management for their control. Different people need different reports based on their requirements at different point of time. This can be catered to efficiently and timely for prompt actions by the Key Management. In any organization one can see the MIS reports be it small, medium or large. Various industries need various reports depending upon the statutory compliances that are to be adhered to mandatorily. After going through the course one can understand the various needs of the organization and meet them successfully. He can develop the creativity skills within him and become an out of the box thinker and thereby develop self- confidence. The course is about What is MIs?, Why is it needed?, Who are the users?, How to prepare it?, etc. The key points which are to be kept in mind while preparing any MIS. The different reports under various categories are presented which are generally found in the organization. In Inventory section – What reports are needed? Why they are needed? What control they can bring about? are discussed in detail. In Budgeting & variance analysis – how to forecast and prepare budgets are discussed along with the variance analysis for controlling the desired goals. Ratio analysis would help to understand the transactions and control various activities. Debtors Control & Creditors Control are for cash management and credit controls to avoid the losses from the financial transactions.
Course Objective:
- To study the basics of MIS and how to design and develop various critical MIS reports
- To enhance the reporting skills with proper presentation that would be helpful in key decision making process of Management
Target Customers:
- Professionals – Fresher & Experienced
- Corporates
Pre-Requisites:
- Basic Accounting Knowledge
- Passion for creativity
