Management Accounts.

Management accounts can encompass any financial reporting that meets your requirements in running your business. They should provide you with the timely information you need to make decisions and take control. Management accounts are often requested by banks, investors, and stakeholders in businesses so they understand how the business is performing. Management accounts like any other form of accounting can be as simple or as complex as the business requires. Above all they should be relevant and accurate.

Examples:

Detailed monthly/quarterly profit and loss statement.
Balance sheets.
Analysis of costs and revenues.
Budget variance analysis.
Cash flow forecasts.
Integrated forecasts.
Monitoring and reporting of KPIs.
Efficiency reports.

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