London Office
Tavistock House South,
Tavistock Square,
London, WC1H 9LG
t: 020 7388 2641
f: 020 7387 8969
e: th@rayneressex.com
St Albans Office
Faulkner House,
Victoria Street,
St Albans, Herts,
AL1 3SE
t: 01727 833222
f: 01727 864752
e: fh@rayneressex.com
Management Accounts
Many businesses find it useful to prepare management accounts on a regular basis, either monthly or quarterly, in order to review the performance of the business, especially where budgets are set at the beginning of the year.
Other businesses need to produce monthly figures as part of a banking or lending covenant and to report on a timely basis to the third party.
Whatever the driving factor may be, it is clearly beneficial to review business performance on a regular basis, and to use that information to aid the decision making process.
Rayner Essex can assist by producing management information packs tailored to the individual clients needs but typically covering the profit and loss account, balance sheet and supporting notes, key ratio analysis and commentary and variance analysis with commentary. Where appropriate these reports can be broken down between departments or divisions.
For further information on the type of reports that could be produced to assist in your decision making process and in reviewing the performance of your business please feel free to e-mail either our St Albans based management accounting and IT partner Neil Heyes nmh@rayneressex.com or our London based partner Simon Essex se@rayneressex.com or call Neil at our St Albans office on 01727 833222 or Simon at our London office on 020 7388 2641.