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.
- 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
