Management Accounting is the analysis and reporting of financial information to help business plan and make decisions. Our in house accountant can offer you a range of management accounting services, including business plans, cashflows and budgets.

• Development of business plans.

In addition to many banks and major clients who will often ask to review your business plan, business plans are an invaluable mnagement tool as you continue to develop your business. Our in house ACCA accountant has years of experience providing management consulting services to companies in all areas, and can painlessly guide you through the business development plan process,.

• Annual, quarterly and monthly cashflows and budgets.

Do you need just that little bit more financial management within your company, but not enough to engage a major accounting practice, or hire a full time accountant yourself? Our management accounting services could be the answer. Utilise our management accountant for a few hours each month to prepare and track your monthly cashflows, budgets and reporting to assess your monthly financial health

• Health Checking

One of our most sought after services is our health checking.  These healthchecks are invaluable, whether it is just for your own personal use to assess how your company is going, identifying areas for improvement, or assessing your financial position for a new venture.

  This service operates in 2 stages:

1. Checkup – we will review your accounts and provide you with a summary report on the status of your finances and overall corporate health.  This report will be approx 10 pages long, and will review:

• Supplier Payment processing – can you more effectively manage your cashflow? Are you getting the best deals?
• Client Collections – where is your risk of exposure? Who are your trouble clients? Can you more effectively manage your debt collections?
• Working Capital Analysis
• Loan arrangements – risk and cashflow? Note: We are not loan brokers, we will not try and sell you a loan product, nor will we recommend a particular product. If  we notice that you have particular risk in an area of your loans, we will recommend you see a Financial Adviser specifically for your loans.
• Assessment of a range of ratios and margins, including gross profit, net profit, net margins, stock levels, debtor and creditor days and overdraft usage and cashflow forecasting

2. The explanation - We will sit down with you for a couple of hours, and explain what the report means in detail.  We will go through each of the categories, and our recommendations, to ensure that you get maximum value from the review.