Management accounts are a summary of accounting information such as a profit and loss account, balance sheet and cash flow statement. A good set of management accounts can also help you make informed decisions about your business such as funding or the need for performance improvement.
At Allied Charted Certified Accountants, we offer expert advice on management accounts for all types of businesses. We work with our clients to design and deliver financial reports, performance indicators and a business plan to help you fully understand the issues affecting businesses today.
Our aim is to deliver a set of bespoke management accounts for your business. We do not just give you the reports, we will review the reports with you, providing context and clarity, so you understand the information. We will also offer practical suggestions about your business using the information we have collated.
Each set of management accounts will differ from business to business, but they will typically include: