1 - 11 Months

Management Accounts

Management accounts can be defined as set of summarized accounting data (balance sheet, cash flow, and income statement) prepared and presented (usually every month, fortnight, or week) specifically for a firm’s management.

Financial Statements for a period of less than 12 months is also known as a set of Management Accounts. Most lending houses and banks only accept Annual Financial Statements if they are issued within 3 months of the business’s year end. Should the period be longer the bank or lending house may ask for Management Accounts and with this we can assist our clients.