Management accounts

Managing a business or organisation is not straightforward.

Decisions must be made on a daily basis where you are judged on the outcome, but also, if it is your own business, your personal financial position is inextricably and immediately impacted.

Preparing regular management accounts provides you with the key information that you need to make informed decisions, monitor the financial performance and monitor key performance indicators (KPIs).

Why use our management accounts service?

• We can prepare management accounts at a frequency that matches your needs – monthly, quarterly or bi-annually
• We can agree key performance indicators (KPIs) that you would like monitored – for example monitoring the average amount of time your customers are taking to pay you
• We explain the key messages shown by the information helping you to understand what you need to know (for example falling gross profit margins or an increase in the time your customers are taking to pay you)
• Regular estimates of business and personal tax can be included to help you manage your future cash-flow
• Having management information can help support you in obtaining finance for your business