Management accounts, as the name suggests, is the presentation of financial information designed to help managers and owners make effective decisions on core areas of their business, such as sales, profit margins and inventory.
As well as helping our clients to meet their statutory requirements, we also take the opportunity to perform a detailed review of their business in order to identify challenges and provide practical recommendations that aim to take advantage of immediate and long-term opportunities. This is part of our routine accounts advisory service — we believe that it is this type of proactive approach that will help our clients to increase their profits and mitigate their tax liabilities.
More specifically, at Adams & Moore, we can help our clients with preparing:
- regular periodic profit-and-loss accounts;
- balance sheets;
- cash-flow forecasts;
- budgets;
- variances to actual results; and
- any other financial services as required.
To find out more about how our comprehensive, personalised financial and management accounts service can help you plan your business strategy more effectively, contact one of our Client Managers.