Management Accounts are a fundamental element in understanding your business better.
At The Accounting Studio, however, we don’t like to just prepare management accounts, just because….there has got to be a reason for the numbers you are looking at.
Whether it’s tracking your progress against a plan, looking for early warning signals that something is not quite right and needs attention, or simply making sure you have correctly budgeted for your up-coming tax, its important that both we, and you, understand the purpose of the management accounts that are being prepared.
We view management accounts as a tool to meet and ends, not an ends in itself, and we encourage our clients to use those, and other tools we can provide to really drive the business forward, and make the necessary decisions to build and grow your company.