MANAGEMENT ACCOUNTING

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What is management

        accounting?

In short, management accounting turns your normal record keeping activities into valuable, actionable financial information and provides business insights, which you can use to improve the performance of your business.

TAKE A LOOK AT WHAT YOUR MANAGEMENT ACCOUNTS WILL LOOK LIKE

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We use charts & graphs to visually present your financial information, allowing you to easily spot

trends

We present key financials to give you an immediate

SNAPSHOT of your business' financial performance

We provide financial commentary to lend insight into the results - discover what drives performance in your business

View or download a full copy of our example management accounts

here:

Management accounting in more detail

How is it different from ‘regular’ (financial) accounting?

Management accounting focusses on calculating and presenting information which helps you run your business.

‘Regular’ accounting (or ‘financial accounting’) is a legal requirement under the Companies Act, and involves preparing statutory accounts for the purposes of satisfying mandatory requirements. As such, financial accounting involves the preparation of your company’s financial information in a format acceptable to the regulatory bodies – otherwise known as the applicable ‘financial reporting framework’.

Management accounting, however, is not limited by legal requirements, and involves preparing financial information from your books and records, in a format that is useful to you for running your business. 

HOW CAN OUR MANAGEMENT ACCOUNTING REPORTS HELP YOUR BUSINESS?

Our management accounting reports focus on the Key Performance Indicators (KPI's) of your business and analyse the financial performance and liquidity of your business. 

This financial information allows you to monitor your businesses performance and growth - AND crucially, spot any areas of under-performance in the business.

This information allows you to focus on maximising the performance-driving areas of your business, and make changes to the under-performing areas - driving success and growth.

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We offer our Management Accounting

services at                  per report

£200

Are you struggling to see how your

       business is performing

Most of our clients opt for monthly or 

quarterly management accounts

?

Want to turn your bookkeeping activities

    into a valuable process

?

See our fees page for full details

Call us on 020 3916 5018

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