Management Accounts

We help many clients by preparing periodic management accounts. The benefits of this are:

  • Improved control of cashflow by knowing exactly how well your business is doing at any one time
  • Building credibility with your bank manager by provided regular reports
  • Early heads up of negative trends
  • Advance warning of accruing tax liabilities and providing the foresight to mitigate this
  • Ensuring that dividends are only paid out of available profits
  • Comparing budgeted results to actual results and providing key performance indicators
  • Benchmarking to similar businesses
  • Quarterly or monthly accounts, prepared in a timely manner
  • Help monitor and control business and interpret your data
  • Support directors and managers in their decision making