Management accounts
Management accounts are producing accounts and reports for our client’s firms. The accounts and reports will be produced accurately with the correct information. This will help our clients to make decisions and how to plan to make the firm successful and bigger in the future. We produce management accounting reports for our clients firm weekly, monthly and quarterly to provide enough clue to the senior management of our client’s firm. The reports will tell the senior management of our client firm about how much sales are made on each item and what was the profit margin of each product. We produce management accounts according to the client’s requirements and it deals with several topics in accounting such as margin and constraint analysis, capital budgeting, trend forecasting, and product valuation. Margin analysis is calculated in order to set the correct price for products and services. We do constraint analysis to tell the clients if there are any obstacles in their production and how this will impact profit. We do trend forecasting and we use information from previous years in order to make decisions for the future. Product valuation is setting the correct price for products and services by looking at expenses and costs.