Management Accounts

Management accounts provide a useful and timely analysis of how your business is performing now and how you expect it to perform in the next month or quarter depending on the frequency with which they are prepared.

Whilst there is no legal requirement to prepare management accounts they are invaluable in helping you to make appropriate management decisions about your business.
For our Bookkeeping Clients we are able to prepare Management Accounts in-house.  Gilroy & Brookes is also able to prepare Management Accounts from your computerised accounts on-site at your offices.
Gilroy & Brookes can advise on which aspects of your business need to be included in these accounts to optimise their usefulness to you. 
These can include:

• the sales process - including pricing, distribution and debtors
• the purchasing process - including stock records and creditors
• cash flow, forecasts and budgets
• a fixed asset register