All businesses are required to prepare a set of accounts at the end of their financial year in order to meet their obligations to the Revenue, and in the case of limited companies their requirement to file financial statements with the Companies Office. However, the preparation of annual accounts is of course a highly valuable source of information for your business.
Annual financial accounts are not the only information that management requires when considering business decisions. The need for alternative management information, such as key performance indicators and more frequent accounts, is equally necessary in order to make effective decision-making.
Accounting Concepts can discuss with you issues such as the most important data, ratios and preferred presentation prior to preparing your management accounts. We can provide a package, presented in a clear manner that selects certain figures from the accounts and presents the key information you need. The key performance indicators and an analytical review of the results will highlight matters which may require management attention and ensure your decision making is effective in achieving the goals you have set for your business.
Our accounting services includes: Financial statements and reporting Management accounts Cash flow statements Budgeting and projections Financial controls review and advice
|