Management accounts

A significant part of our work is the provision of management accounts to business proprietors and to external investors in business. It is very easy to press a button in accounting software which produces figures called profit and loss account. It is important however that those figures realistically reflect the actual performance of the business which is where our experience and judgment is sought.

Our involvement in management accounts is often monthly, sometimes quarterly often a permanent feature within the business or as an aid through a fledgling or a troubled period of trading.

The information obtained can help the client in many ways and particularly in identifying key factors within the business, cash flow management and taxation liabilities.