• Monthly or quarterly management information produced within a few days of the period end
  • Commentary and advice on monthly performance
  • Annual budgets and cashflow projections
  • Monitoring actual results against budgets and projections
  • Fee and performance analysis
  • Monitoring capital and current accounts
  • Meeting with partners to discuss results and interpret figures
  • Preparation for year end accounts
  • Advice in respect of VAT, employee benefits, employee bonuses, P11Ds etc
  • Preparing projections to assist with funding applications

The client facing part of a law firm is only the tip of the iceberg...

Management Accounts

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  • Monthly or quarterly management information produced within a few days of the period end
  • Commentary and advice on monthly performance
  • Annual budgets and cashflow projections
  • Monitoring actual results against budgets and projections
  • Fee and performance analysis
  • Monitoring capital and current accounts
  • Meeting with partners to discuss results and interpret figures
  • Preparation for year end accounts
  • Advice in respect of VAT, employee benefits, employee bonuses, P11Ds etc
  • Preparing projections to assist with funding applications

Management Accounts

Our Management Accounting services range from the production of simple quarterly management information to a full monthly reporting package including management accounts, profit & loss, balance sheet and cash flow projections, analysis of fees rendered and recovered, and capital and current accounts. We have developed a standard reporting package that meets the requirements of the banks’ annual review, and work closely with our clients’ accountants to produce information to assist with year-end tax returns.

Sample Management Accounts Pack

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