If you’re looking to increase profit, improve cashflow planning, or simply get a better understanding of your business, management accounts can be a crucial resource.
Whereas year-end accounts are often prepared many months later, management accounts can be prepared at regular intervals during the year. This provides you with real time information so you can make informed decisions quickly and effectively.
Our management accounts can be tailored to fit your needs, and could include:-
Cashflow overview – see where money is being spent, and plan cashflow round trends and expectations
Profit & loss report – this give you a periodic comparison of company performance, allowing you to recognise and analyse business progress
Balance sheet – a breakdown of company assets and liabilities, as well as equity
Graphs – get information in a instant with simplified graphs showing sales/profit trends
By combining management accounts with budgets and forecasts, you can plan business growth and see the financial impact of potential changes before making decisions.
If you’re considering hiring new staff, wanting to track sales targets, or just looking for further insight on your business, get in touch to find out how we can help contribute to your success.