Budgeting & Variance Analysis through MIS:
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 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.
- To study the basics of MIS and how to design and develop critical budgeting MIS reports.
- To enhance the reporting skills with proper presentation that would be helpful in key decision making process of Management.
- Professionals – Fresher & Experienced
- Basic Accounting Knowledge
- Passion for creativity