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MANAGEMENT ACCOUNTING

We believe that organisations  should receive maximum value  from the production of their  accounts.

In many cases, relying on a  single set of financial accounts  once a year is not enough. Change happens so fast and  regularly nowadays that it is wise to have information about your performance at regular intervals, so you can be in a better position to manage your business and plan ahead.

Management accounts focus on analysing recent business  performance and  usually also include forecasts in areas such  as cashflow and profits.  Accounts can be used to  identify the profitability of different product lines, assess the  efficiency of different parts of your organisation, and they assist greatly in  financial decision-making.

Some clients are able to produce management accounts themselves. Others  are not so able or do not have enough time. In either case, we are pleased to assist in any way we can – from setting up an appropriate management accounts system to compiling regular accounts, interpreting them and producing a full report for your management team.