01423564446 enquiries@lithgow-perkins.co.uk

Management accounts

Every business has a duty under the Taxes Acts to keep accurate and up to date records. We can help in this regard by providing you with a bookkeeping service.  However, if you want to run your business as efficiently as possible, react rapidly to market conditions and plan ahead, you need to prepare regular management accounts. In addition, many businesses should also prepare budgets for sales, costs and cash flow.

We can either use your own accounting records or those produced by our bookkeeping department to help you in the following ways:

  • to discuss with you the relative costs/ benefits of implementing management accounts and their frequency
  • to decide on what further management information you may need and agree the key statistics that are essential to running your business
  • to help to prepare management accounts and discuss these with you each month/ quarter as appropriate
  • to assist you in preparing budgets and forecasts

If you want to find out more about our management accounts service and how it may work for you, please contact Mike Briggs or Joe Taylor, at mike.briggs@lithgow-perkins.co.uk or joe.taylor@lithgow-perkins.co.uk or call Mike or Joe on 01423 564446.