Management accounting is the collation, interpretation, interrogation and delivery of meaningful information about your business. While financial accounting is mandatory and compliance-led, management accounting helps managers analyse backwards and predict forwards.
There are countless ways of collecting and delivering such information, from analysing a spreadsheet to the latest technology. What’s important in measuring your business is the determination of key performance indicators which genuinely help you make decisions, both on a daily operational basis and for longer term planning. If you don’t know where you are, how can you know where you’re heading or when you get there?
Our advisors will help to design, install and train your staff on appropriate technology, including back-ups, reporting and writing macros to pull together relevant data.