Management Accounts
Management accounts are invaluable in helping you to make timely and effective management decisions about your business.
There is no legal requirement to prepare management accounts, but it is challenging to run a business effectively without them.
More significantly, however, in the current economic climate external lenders will be placing greater emphasis on accurate and timely management information.
Additionally, tax planning and sale or merger opportunities will be far clearer where a robust reporting regime is in place.
We can help you!
At Abercrombie Gemmell, our Corporate Services team can provide a monthly or quarterly management accounts package which is tailored to your needs, and which would include:
- Profit and loss account and balance sheet
- Rolling monthly profit projections
- Rolling monthly cashflow forecasts
- Analysis and advice to help you understand the results and utilise the information for the benefit of your business.