Managing

Management accounts are usually produced either monthly or quarterly, and are used to analyse recent historical performance, and can be compared to budgets, prior periods, and future forecasts.

The information is broken down so that performance of different elements of the business can be measured. Management accounts are not a legal requirement so there is no set format for how they should look. Instead, we focus on the information that is important to you, to enable you to sit down and make constructive business decisions.

The benefit of management accounts is quick and timely information, that can be analysed and acted upon. It is like a regular health check for your business, to enable future periods to be more profitable.