In today’s fast paced environment many business owners recognise to the need to have up to date management accounts and while most computer software will produce monthly profit and loss accounts and balance sheets this information is not always accurate and therefore basing decisions about the future course of the business on it can be a problem.
We are able to review the figures produced by the computer system on a monthly or quarterly basis, make the appropriate correcting entries and then produce a set of management accounts. In many cases these accounts are produced to the company’s bankers to satisfy their requirement for management accounts to support the overdraft.
Part of this service is to review the figures with the management to identify trends and agree on the best way forward for the business.
This service is often combined with our budgeting and forecasting service.
First Floor, Pembroke House, Ellice Way,
Wrexham Technology Park,
Wrexham, LL13 7YT.
Haswell Brothers LLP T/A Haswells | Registered in England & Wales | Company Number OC416280
Registered to carry on audit work in the UK and Ireland and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales