{"id":1561,"date":"2017-02-21T12:41:21","date_gmt":"2017-02-21T12:41:21","guid":{"rendered":"https:\/\/www.viewpointaccountants.co.uk\/?page_id=1561"},"modified":"2023-09-25T13:57:42","modified_gmt":"2023-09-25T12:57:42","slug":"management-accounts","status":"publish","type":"page","link":"https:\/\/www.viewpointaccountants.co.uk\/services\/management-accounts\/","title":{"rendered":"Management Accounts"},"content":{"rendered":"

[et_pb_section fb_built=”1″ admin_label=”Section” _builder_version=”4.16″ background_color=”#283b8b” background_image=”https:\/\/www.viewpointaccountants.co.uk\/wp-content\/uploads\/2015\/10\/header-image-homepage7.jpg” parallax=”on” parallax_method=”off” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”on” global_colors_info=”{}”][et_pb_row admin_label=”Row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}” column_structure=”2_3,1_3″][et_pb_column type=”2_3″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_cta title=”Management Accounts” button_url=”https:\/\/www.viewpointaccountants.co.uk\/services\/” button_text=”Our Services” admin_label=”Call To Action” _builder_version=”4.16″ header_font=”|on|||” header_font_size=”36″ header_line_height=”1.8em” body_font_size=”24″ body_line_height=”1.8em” use_background_color=”off” background_size=”initial” background_position=”top_left” background_repeat=”repeat” text_orientation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid” button_letter_spacing_hover=”0″ global_colors_info=”{}” button_text_size__hover_enabled=”off” button_one_text_size__hover_enabled=”off” button_two_text_size__hover_enabled=”off” button_text_color__hover_enabled=”off” button_one_text_color__hover_enabled=”off” button_two_text_color__hover_enabled=”off” button_border_width__hover_enabled=”off” button_one_border_width__hover_enabled=”off” button_two_border_width__hover_enabled=”off” button_border_color__hover_enabled=”off” button_one_border_color__hover_enabled=”off” button_two_border_color__hover_enabled=”off” button_border_radius__hover_enabled=”off” button_one_border_radius__hover_enabled=”off” button_two_border_radius__hover_enabled=”off” button_letter_spacing__hover_enabled=”on” button_letter_spacing__hover=”0″ button_one_letter_spacing__hover_enabled=”off” button_two_letter_spacing__hover_enabled=”off” button_bg_color__hover_enabled=”off” button_one_bg_color__hover_enabled=”off” button_two_bg_color__hover_enabled=”off”][\/et_pb_cta][\/et_pb_column][et_pb_column type=”1_3″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_image src=”https:\/\/www.viewpointaccountants.co.uk\/wp-content\/uploads\/2017\/02\/Management-accounts-icon-2017.png” align_tablet=”center” align_last_edited=”on|desktop” admin_label=”Image” _builder_version=”4.16″ use_border_color=”off” border_color=”#ffffff” border_style=”solid” sticky=”off” always_center_on_mobile=”on” global_colors_info=”{}” align_phone=”center”][\/et_pb_image][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”Section” _builder_version=”4.16″ background_image=”https:\/\/www.viewpointaccountants.co.uk\/wp-content\/uploads\/2015\/10\/header-image-homepage9.jpg” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”on” global_colors_info=”{}”][et_pb_row admin_label=”Row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”Text” _builder_version=”4.21.0″ text_font_size=”24″ text_line_height=”1.8em” background_size=”initial” background_position=”top_left” background_repeat=”repeat” hover_enabled=”0″ use_border_color=”off” border_color=”#ffffff” border_style=”solid” global_colors_info=”{}” sticky_enabled=”0″]<\/p>\n

All of our clients realise that regular reporting is key to making great business decisions and enables them to monitor the business against Key Performance Indicators (KPI\u2019s).<\/strong><\/p>\n

We encourage our clients to allow us to provide them with either monthly or quarterly management information, consisting of a Profit and Loss account, Balance Sheet and commentary of performance against the KPI\u2019s.<\/p>\n

This will help you see the state of your business at any given time and not just at the year end when it is too late to change anything. Clients also find this information useful to plan for growth within the business, tax liabilities and reducing their tax bill.<\/p>\n

Often, Cash Flow will also go hand in hand with Management Accounts and we can help you monitor that too.<\/p>\n

For a free, no-obligation meeting, complete the form below.<\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ theme_builder_area=”post_content” _builder_version=”4.21.0″ _module_preset=”default”][et_pb_row _builder_version=”4.21.0″ _module_preset=”default” theme_builder_area=”post_content”][et_pb_column _builder_version=”4.21.0″ _module_preset=”default” type=”4_4″ theme_builder_area=”post_content”][et_pb_text _builder_version=”4.21.0″ _module_preset=”default” theme_builder_area=”post_content” admin_label=”FAQs” hover_enabled=”0″ sticky_enabled=”0″]<\/p>\n

Frequently asked questions<\/h1>\n

Here are some questions we often get asked. If you need any more information, just give us a call and we will be happy to answer your queries.<\/p>\n

[\/et_pb_text][et_pb_toggle _builder_version=”4.21.0″ _module_preset=”default” theme_builder_area=”post_content” title=”What are management accounts, and how do they differ from financial statements?” admin_label=”What are management accounts, and how do they differ from financial statements?” hover_enabled=”0″ sticky_enabled=”0″]<\/p>\n

Management accounts are financial reports that provide insight on the company’s financial performance. Unlike financial statements (which are filed at Companies House and with HMRC), management accounts can be tailored to meet the informational needs of management and are used to inform strategic decision making.<\/p>\n

[\/et_pb_toggle][et_pb_toggle _builder_version=”4.21.0″ _module_preset=”default” theme_builder_area=”post_content” title=”Can management accounts be customised for specific industries or business needs?” admin_label=”Can management accounts be customised for specific industries or business needs?” hover_enabled=”0″ sticky_enabled=”0″]<\/p>\n

Absolutely. Management accounts should be tailored to meet the specific needs and challenges of the business. Different industries and business models require different metrics and analyses, so customisation is important to make the reports relevant and actionable.<\/p>\n

[\/et_pb_toggle][et_pb_toggle _builder_version=”4.21.0″ _module_preset=”default” theme_builder_area=”post_content” title=”Are there any regulatory or legal requirements for management accounts?” admin_label=”Are there any regulatory or legal requirements for management accounts?” hover_enabled=”0″ sticky_enabled=”0″]<\/p>\n

No, management accounts are designed for the managers of the business and can be presented in whichever way is most useful to support decision making. Management accounts play a pivotal role in guiding strategic decisions and operational improvements within a business. They provide the foundation for analysing financial performance and planning for future growth.<\/p>\n

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We encourage our clients to allow us to provide them with either monthly or quarterly management information, consisting of a Profit and Loss account, Balance Sheet and commentary of performance against the KPI\u2019s.<\/p>\n","protected":false},"author":5,"featured_media":0,"parent":70,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"acf":[],"yoast_head":"\nManagement Accounts - Viewpoint Accountants<\/title>\n<meta name=\"description\" content=\"All of our clients realise that regular reporting is key to making great business decisions and enables them to monitor the business against Key Performance Indicators (KPI\u2019s).\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.viewpointaccountants.co.uk\/services\/management-accounts\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Management Accounts - 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