Management accounts give you regular updates on your business performance. This is useful if your business is struggling as you can catch any issues before they become fatal.
Management accounts are defined as a set of summarised accounting data which consists of a balance sheet, income statement and cash flow summary which we can prepare weekly, fortnightly or monthly, which ever gives you the clearest information.
The objective of management accounts is to provide timely and key financial and statistical information required to make day to day and short-term decisions.
Be aware of your business performance: call us to arrange a free consultation.