This course offers comprehensive knowledge on financial statement preparation mechanisms as per the Companies Act 2013, as well as the creation of reports crucial for management decision-making, known as Management Information System (MIS) reports. These reports provide concise insights into key parameters vital to a company’s operations and are typically prepared periodically, often on a monthly basis. For accountants, preparing MIS reports becomes a primary responsibility. Participants in this course will gain expertise in preparing financial statements compliant with the Companies Act 2013, as well as mastering the art of crafting financial reports in MIS format. They will also become proficient in utilizing various analytical tools essential for MIS reporting, enabling them to provide valuable insights to management. Additionally, the course covers the preparation of budgets and the comparison of actual financial performance against budgeted figures. Understanding cash flow statements, a critical aspect of financial analysis, is also included in the curriculum. With a duration of 1.5 to 2 weeks, this course provides a comprehensive learning experience, equipping students with the skills necessary to excel in financial statement preparation and management reporting.

Participants learn the intricacies of preparing financial statements in compliance with the Companies Act 2013, ensuring adherence to regulatory requirements.

The course covers the creation of MIS reports, which offer concise insights into key parameters vital for management decision-making, with a focus on monthly preparation.

Accountants are tasked with the primary responsibility of preparing MIS reports, making this skillset essential for financial professionals.

Students become proficient in utilizing various analytical tools necessary for effective MIS reporting, enabling them to provide valuable insights to management.

The course includes instruction on budget preparation and the comparison of actual financial performance with budgeted figures, essential for financial planning and control.

Participants gain a comprehensive understanding of cash flow statements, a critical aspect of financial analysis and decision-making.

With a duration of 1.5 to 2 weeks, the course provides ample time for participants to grasp theintricacies of financial statement preparation and management reporting, preparing them for rolesin finance and accounting.