Automation A management information system MIS is a computerized database of financial information organized and programmed in such a way that it produces regular reports on operations for every level of management in a company. It is usually also possible to obtain special reports from the system easily. The main purpose of the MIS is to give managers feedback about their own performance; top management can monitor the company as a whole. Information displayed by the MIS typically shows "actual" data over against "planned" results and results from a year before; thus it measures progress against goals.
This site may require the use of Adobe Reader. If you do not have Adobe Reader you may click the image below to download it. The accounts of all State agencies are coordinated through FLAIR, which processes expense, payroll, retirement, unemployment compensation, and public assistance payments.
FLAIR provides the following, in accordance with generally accepted accounting principles: Accounting control over assets, liabilities, revenues and expenditures Department Agency management with budgetary control, while allowing divisions and lower levels of management maximum autonomy Adequate records for research, auditing requirements and claim settlements against the State.
FLAIR is updated on a daily basis, providing the user with current on-line information.
The system is modular in design, which permits additions of subsidiaries as required and is adaptable to the mode of operation and reporting requirements of each individual department under the control and guidance of the Chief Fiscal Officer of each department. This is a cash-basis system for the control of budget by line item of the General Appropriations Act.
The Departmental Accounting Component DAC maintains agency accounting records and provides agency management with a budgetary check mechanism.
Primary users of DAC are state agencies.Liberty’s % Online MS in Information Systems Provides You With the Advanced Skills and Best Practices You Need for Success in Business Technology. Find an Accounting Job. plombier-nemours.com's job board is widely recognized as the go-to directory for open positions and opportunities in accounting.
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