Management AccountsManagement Accounting is focused on ensuring that you always know how the business is performing.
Banks and Finance companies will often look more favourably at companies that have management accounts as it gives them the information they need in a lot more detail than statutory accounts would. So it not only helps secure funding and finance but it is also about understanding which activities are profitable or possibly loss-making. It is about managing cash-flow to ensure that overdraft and lending costs are minimised. And it is about overall control of your cost base, making sure, for instance, that billing and collections are on track.
Our management accounting capability will help you to stay in control with a forward-looking perspective on company performance, the implementation of management systems as well asinternal controls and up to the minute reporting against key performance indicators.
Our management accounting service is often offered on a fixed - fee basis.