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Management Accounting

What are Management Accounts?

Management accounts consist of reports, statements, and documents designed for internal use. They serve as valuable tools for forecasting, budgeting, and evaluating performance, empowering business owners and managers to make informed decisions regarding their financial matters.

"Enabling business owners and managers to make better decisions."

In contrast to statutory accounts, typically compiled annually, management accounts are interim reports that can be prepared bi-annually, quarterly, or even monthly.

Management accounts may range in complexity. We offer services ranging from preparing a basic profit and loss account to making adjustments for accruals, prepayments, and depreciation, or even developing a detailed cash flow forecast tailored to your needs. Plus revenue stream analysis.

At England & Company, we will also guide you on the analysis and interpretation of this accounting information to help make the informed operational decisions your business needs.

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