Professional Management Accounts for Better Decision-Making

Management accounts are internal financial reports used to monitor business performance.

They include profit & loss, balance sheet, cashflow, and key performance indicators.

They help management make informed decisions, identify trends, control spending, and plan for growth.

Monthly or quarterly, depending on business needs.

• Income statement

• Balance sheet

• Cashflow analysis

• Variance analysis

• Trend reports

• KPI dashboards

Financial statements are historical and required for compliance.

Management accounts are forward-looking and help with planning and decision-making.

Yes — they compare actual performance to budgeted figures.

Yes — management accounts provide insight into spending patterns and cashflow trends.

We use Xero, Simple pay, and Draftworx.

Yes — they highlight wasteful spending and profitable activities.

We use updated bookkeeping records and verify data before preparing reports.

Yes — including month-on-month and quarter-on-quarter comparisons.

Yes — investors rely on management accounts to evaluate business performance.

Yes — banks often require updated management accounts.

Absolutely — small businesses gain better visibility of their finances and planning.

Yes — regular reviews help predict VAT, PAYE, and income tax liabilities.

Yes — we provide insights and recommendations for improvement.

We clean up bookkeeping records as needed before preparing accurate management accounts.

Yes — we tailor reports to business needs and industry requirements.

Yes — variances, unusual transactions, or unexplained expenses can indicate fraud.

Usually 3 – 15 working days, depending on the quality of bookkeeping data.