In the product
Management reporting, in the shape your business runs
Dimensional reporting, cost allocation, an MIS chart of accounts, reporting groups, budget against actual against forecast, and plain-English queries.
MIS
Management reporting: the numbers a business runs on, cut the way the business is actually organised.
Distinct from statutory reporting in audience and in shape. Statutory answers to a regulator in a prescribed format on a fixed date; MIS answers to whoever is accountable for a region, a product or a plant, in whatever cut makes that accountability real.
The two draw on the same ledgers and almost never agree line for line, which is normal and has to be explainable.
Also written: management information system, management reporting.
Related terms: Chart of accounts, Cost allocation, Financial close.
Written about
Cost allocation you can defend in a board meeting
Every allocation is an opinion. The ones that survive questioning have a basis fixed before the result, applied the same way every month.
Written about
Your MIS chart of accounts is not your statutory one, and that is fine
The board wants the business cut, the filing wants the statutory cut, and the same ledgers must produce both. How to hold two views, one set of books.
Written about
Ind AS Amendment Rules 2026: a FY 2026-27 checklist for finance teams
The MCA's 2026 amendments to Ind AS, and what each one asks of an FY 2026-27 close that is already running.