Get a better understanding of your finances and watch your business flourish with our Management Accountancy package.
Based on the results provided by your bookkeeper, your management accountant will delve deep into your finances, providing you with easy to digest information that helps your business become more efficient. We’ll create those all-important financial reports for Board meetings, with in-depth commentary to help you decide what direction to take.
Management accounts provide you with a clear, up-to-date view of your finances. This allows you to make informed decisions on business strategy. With iFinance Department, we’ll provide you with a regular snapshot of your business, so you don’t miss any opportunities. Rather than wait for the annual accounts to be published, you’ll be ahead of the curve, allowing you to identify any potential cash-flow issues, as well as opportunities to maximise profit.
At iFinance Department, we do things a little differently. You will literally feel like you have your own finance department! We’ll provide management accounts on a monthly or quarterly basis, whichever suits you best. We’ll work with you to provide the reports in a bespoke, easy to digest layout that fits with your business. At the beginning of our relationship, we’ll agree the Key Performance Indicators (KPIs) that you’d like us to track. All reports are displayed with handy graphs and charts to allow you to understand key information at a glance.
- Preparing VAT returns
- Cost accounting
- Preparation of the management accounts on a monthly or quarterly basis
- Analysing and reporting on financial results
- Profit and Loss Statements
- Balance Sheets
- Break-even analysis
- Cash Flow Statement
- Debtor Listings
- Creditor Listings
- Profit Margin Analysis
Why iFinance Department?
We’re not the traditional accountant. We go beyond the annual meeting to discuss your financial position. We’re your finance partner, providing you with regular, up-to-date information that allows your business to be agile. We’ll keep a close eye on business activity, costs and key performance indicators, ensuring your business succeeds and grows.