Management accounts, that turn data into direction

Management accounts are regular reports prepared to help you understand performance and make decisions. They can include profit and loss, balance sheet information and cash flow, tailored to what your business needs.

Annual accounts primarily report on a completed accounting period and meet statutory requirements. Management accounts are prepared more regularly for internal decisions, so you do not have to wait until year end to review performance.

It depends on how quickly your business changes and the decisions you need to make. Monthly reporting can suit a busy or growing business, while quarterly reporting may be enough for others. We agree the right rhythm with you.

Yes. We prepare cash flow forecasts and budgets to help you understand upcoming demands on cash. A forecast relies on assumptions, so it should be reviewed as circumstances change.

Reliable reporting depends on complete, reconciled records. We review the bookkeeping position and discuss any work needed before producing management accounts.

They can help explain recent performance and support forecasts requested by a lender. The lender sets its own requirements and makes the lending decision. We can discuss the information you need to prepare.