We take your books and records and process the regular adjustments required to create your business management accounts.
We undertake this process on a monthly, quarterly or six monthly basis and the accounts are often forwarded to third parties in support of finance facilities.
With offices in Braintree and Maldon and as a leading firm of Chartered Accountants in Essex we know that many of you have great bookkeeping records but are not sure how to produce great Management Accounts from them. That's where we come in bridging the gap in technical accounting skills to give you a set of Management Accounts you would be happy to submit to your Bank Manager.
Each of our Accounts Partners has a portfolio of clients for whom the production of monthly or quarterly management accounts has become a normal part of their business life. Once you have information that tells you exactly how you are performing you don’t want to lose it again and the staff involved in this work have repeat bookings on our work plan to deliver reports to directors by due dates.
In its simplest form it is a profit and loss account and balance sheet produced by the client’s software stretching to a more sophisticated pack for our larger clients which may incorporate specific reports that our senior staff, such as Partner Sean Wiegand, have written in Sage or may utilise our own internal programs. The pack might review debtors, creditors, cash, compare performance to previously prepared forecasts and forward plan cash requirements so that any remedial action can be taken.
If you would like to find out more information about this service please do not hesitate to contact Lisa or your local Lambert Chapman LLP office for more details. Alternatively, if you would like us to contact you please send us an email using the link below:
Our Terms of Business relating to Management Accounts are Management Accounts - updated Feb 2010