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Management accounts service
Management accounts provide you with a clear, up-to-date understanding of your business’s performance, profitability, and overall financial health.
While your end-of-year financial accounts deliver an overview of the previous business year, management accounts can provide a rolling comparison to previous periods. This allows you to make more proactive choices based on the real-time financial health of your business.
Many businesses, including charities and academies, in Devizes, Marlborough, Calne, Royal Wootton Bassett, Pewsey and other parts of Wiltshire have benefitted from our management accounts service, enjoying greater operational efficiency along with valuable financial insights and support.
We can prepare your management accounts on a monthly, quarterly, biannual, or one-off basis, on or offsite, and can also deliver ongoing strategic management support. We tailor our service to your business’s needs and future goals, to help you monitor and improve performance.
Our management accounts can consist of key performance indicator (KPI) summaries, corrective action plans, balance sheets depicting your organisation’s working capital position, cash flow and budget forecasts, and profit and loss accounts.
Outsourcing your management accounts to us can help you identify internal saving opportunities, potential tax liabilities, and variations in profit margins, as well as reassure owners, shareholders, and potential investors that your business is in good shape. It can also help develop a robust valuation for succession planning.
David Owen is a partner-led accountancy firm with offices in Devizes and Marlborough. We offer a wide range of proactive business services, including management accounts. To find out how we can help you, please get in touch.
Choosing the right accountant to help you with your business finances is an important decision. We understand this and take the time to talk through our approach so you can decide whether we are the right partner for you.
Please contact us for a free, no-obligation initial conversation.