Many businesses find it useful to prepare management accounts on a regular basis, either monthly or quarterly, in order to review the performance of the business, especially where budgets are set at the beginning of the year.
Other businesses need to produce monthly figures as part of a banking or lending covenant and to report on a timely basis to the third party.
Whatever the driving factor may be, it is clearly beneficial to review business performance on a regular basis, and to use that information to aid the decision making process.
We can assist by producing management information tailored to the individual clients needs but typically covering the profit and loss account, balance sheet and supporting notes, key ratio analysis and commentary and variance analysis with commentary. Where appropriate these reports can be broken down between departments or divisions.
Call us today on 01275 879179