Owners and executives
When you need a regular view of what drives profit or losses and how much cash is available for decisions.
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Who management accounting is for
This service is useful when statutory accounting is in place but management still lacks timely information for running the business.
Growing companies
When transactions, business lines, and responsible people multiply, while spreadsheets and figures from different sources stop reconciling.
Businesses facing cash gaps
When reported profit does not explain a shortage of cash and you need a plan for receipts, payments, and obligations.
Multi-product businesses
When you need to compare business lines, clients, or projects by revenue, direct costs, and margin within the limits of available data.
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How management accounting differs from statutory accounting
The two systems serve different purposes and may draw on the same source data. Management accounting does not replace statutory bookkeeping or tax accounting.
For compliance
Records transactions under prescribed rules, produces tax and financial statements, and is supported by primary documents.
For internal decisions
Organises data in the dimensions useful to management: products, business lines, projects, responsibility centres, or other agreed analytics.
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Reports and tools we can set up
The scope and level of detail depend on the business model, available data sources, and the decisions you want the reporting to support.
Profit and loss (P&L)
Shows revenue, cost of sales, operating expenses, and the financial result for a period in an agreed structure.
Cash flow statement
Explains where cash came from and how it was spent, independently of when income and expenses were recognised.
Management balance sheet
Brings together available data on assets, liabilities, and equity to show the financial position at a selected date.
Budget and plan-versus-actual
Records targets, compares them with actual results, and supports analysis of material variances.
Cash payment calendar
Combines expected receipts, payments, obligations, and balances so potential cash shortages can be seen in advance.
Unit economics and margins
Calculates the economics of a product, order, project, or business line using volumes, prices, and costs that can be identified reliably.
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How implementation works
Define the management questions
We clarify the decisions the reports should support, the metrics already used, and where uncertainty currently arises.
Review data sources
We examine available accounting exports, bank transactions, CRM data, spreadsheets, and other sources, identifying gaps and limitations.
Design the model
We agree categories, analytical dimensions, recognition and allocation rules, frequency, and responsibility for source data.
Build the first period
We prepare reports from the available data, test the logic with the business, and refine the model where figures need explanation.
Start a regular cycle
We establish the update calendar, control process, and format for reviewing results with management.
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What we need from you
You do not need a perfect system in advance. The important first step is to show the real data sources and appoint people who understand the transactions.
- ✓A description of the business model, products, business lines, and main management questions
- ✓Available accounting reports or exports for the agreed period
- ✓Bank statements, cash records, and information about planned payments
- ✓Sales, purchasing, cost, inventory, and counterparty settlement data
- ✓Existing budgets, spreadsheets, CRM exports, and internal reference lists where available
- ✓A responsible team member who can explain transactions and provide data regularly
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What you receive — and the limitations
We agree the deliverables after diagnosing the data. Management figures are only as useful as the completeness and consistency of their source information.
An agreed model
A structure of categories, analytics, and rules that fits current management needs and can be updated regularly.
A reporting pack
P&L, cash flow, balance sheet, and additional tools in the scope confirmed after the data review.
Clear drill-downs
A link between headline metrics and available transactions, with explanations of material variances or disputed classifications.
Documented limitations
A clear record of missing data, assumptions used, and conclusions that cannot yet be treated as reliable.
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Service fees
We determine the fee after assessing the scope: data sources, reporting period, number of business lines, required reports, and update frequency. The scope, deliverables, and price are agreed before work begins.
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Frequently asked questions
Can you set up management accounting if another team handles bookkeeping?
Yes. We can work with agreed exports and supplement them with operational data. At the start, we define the exchange format, frequency, and reconciliation rules.
Does this replace statutory accounting?
No. Management accounting is designed for internal decisions and does not replace statutory bookkeeping, tax accounting, or required filings.
Can reports be reconstructed for earlier periods?
Sometimes, if sufficient and comparable data has been retained. After reviewing the sources, we explain which periods can be built and what limitations will remain.
Do we have to implement specialist software?
Not always. We choose the tool after assessing scale and current processes. Controlled spreadsheets and exports may be enough for one company, while another may need integration or a dedicated system.
Can you calculate margins by product or project?
Yes, where revenue and material costs can be attributed reliably to the selected objects. If data is insufficient, we first agree a collection method or reasonable limitations for the calculation.
How much do implementation and ongoing reporting cost?
There is no universal fee. It depends on data quality, number of sources, depth of analysis, implementation period, and update frequency. After diagnosis, we propose a specific scope and price.
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Let’s discuss financial accounting for your business
Leave your contact details. We will clarify the decisions you want to support, review the available data, and propose a realistic implementation approach.
Shall we get in touch?