Periodic financial reporting provides important information for managing any company. It provides a basis for making informed business decisions and ensures directors have up to date information to perform their management and control functions.
Relevant periodical reporting packages (for consolidation purposes) can be prepared. Management accounts are generally prepared on a monthly or quarterly basis from the company’s period-end records and from information and explanations provided to us by the directors. The accounts will reflect any period end adjustments for debtors, creditors, accruals and prepayments and additional accounting adjustments.