MIS: this can be explained as your requirement
Managerial Information Statement
this is the part of Managment/Cost Accounting
i can give an example of MIS to prepare in a Cargo Handling devision.
Basic business operation is handling agent operation in import/export of cargo.
for that operation the financial statements are broadly devided as INCOME and EXP.
MIS: is a detailed statements for financial operations.
Tks
Jagan