Management Accounts & Consultancy

Management accounts provide managers with the basis to make informed decisions that will allow them to be better equipped in their management and control functions. Management accounts are mainly forward looking instead of historical. They are designed and intended for use by managers within the organisation, instead of being intended for use by shareholders, creditors and public bodies.

The first thing any business needs to know is whether it is making any money. Management Accounts will provide the answer– the production of a regular profit & loss account is essential to any business serious about its future. Management accounts inform management as to which areas, departments, products or services are over or underperforming.

Annual Accounts are produced once a year and often a considerable time after the period they refer. On the other hand, management accounts are produced regularly and promptly so that management has the up-to-date information that is necessary to make informed decisions.

In addition to providing management accounts, DFX Accounting provides a consultancy service that can offer added value to a business.

We offer the following services:

• Monthly / Quarterly Management Accountants
• Key Performance Indicator (KPIs) Reports
• Business Plans
• Cash Flow Forecasts
• Budgeting
• Financial Projections
• Financing Advice
• Profitability Analysis