Having access to regular, reliable financial information can make a huge difference to the success of your business. Our management accounts service provides much more detail than can be found in a set of statutory accounts. As a result, business owners have a much better feel of how their business is performing and what actions need to be taken, if any.
JRMA are the epitome of proactive management accountants. We ensure there is a two-way dialogue with you so that we produce the financial information needed to provide an accurate picture of how well your business is doing.
Our management accounts compare your results against your year to date and annual budgeted figures, as well as to last year’s figures. Working on either monthly or quarterly management accounts, we look for emerging trends and highlight variances and unexpected results. Accounts are prepared with a commentary, and often combined with attendance at board meetings to ensure that the numbers are fully understood in the wider context of the business.
By working closely with you we can advise you on ways to improve profitability or to identify ways to grow the business.
We are also advocates of the 13 week cashflow forecast, looking ahead at movements in the cash position. These reports help our customers understand the cash cycle of their business and focus on future events, such as VAT and payroll payments, to ensure that the business is in funds at critical times.
If you’re looking for financial information in real time and not just at the year-end, our management accounts service is what you need. If you feel your business could benefit from additional support on top of having regular management accounts, our
Part-time Finance Director service can provide this.
Our case study with
Handling Concepts highlights how our management accounts service has been instrumental in the ongoing success of their business.
