Financial Management Information System (FMIS) like an Accounting Information System (AIS)

• Monthly accounts of transactions
• Cash Flow
• Sources & uses of funds
• Ledger & Journal
• Monthly Return and Statement Processing
• Trial Balance & Balance Sheet
• Payroll Accounting
• Profit/loss and cost systems

Provide aggregated information on

• Accounts Payable
• Accounts Receivable
• Payroll Accounting

Scheduled Report – Produced periodically (daily, weekly, monthly) or on a schedule

Key-indicator Report  – Summarizes the period’s critical activities & typically available at the beginning of each period

Demand Report – Gives certain information at a Manager’s request

Exception Report – Automatically produced when a situation is unusual or requires management action

Monthly Reports – Open Invoices, Unpaid Vendors List, Age wise List for Customers, Payroll Summary, Payslips, YTD Income Statements, YTD Balance Sheet, Cash flow Statement, Bank & Reconciliation Statement, Forecasts, Budget vs. Actual Review Reports

Quarterly, Half Yearly and Yearly Reports – Trial Balances, Financial Statements, Finalization Report

We view our role in the financial reporting process as an opportunity to provide constructive solutions for maximizing your company’s profitability and efficiency. We provide financial reporting on two levels of assurance:

• Review – some analytical procedures conducted with limited assurance
• Compilation – based upon client information provided and used primarily for internal use.