Management Reports

As a growing international business, we understand the importance of operational efficiency.

That is why our financial reporting service is designed to take away the administrative burden of reporting, so that you can focus on the issues of strategic importance to your business.

Our management reports will inform management decisions within your organisation, whilst enabling you to monitor and manage business performance.

Our people, your partners

We will work as an extension of your finance function to understand your reporting needs and ensure that we can meet them in a manner that is as efficient as possible for both parties.

Our team will align with your desired presentation, general ledger coding and accounting treatment to prepare accounts that reflect your group’s accounting policies.

You will also benefit from our in-house technical specialists who can help explain the differences between the local reporting requirements and the GAAP that you will report in on a consolidated basis so that you can plan ahead for any differences between the two and how this may impact the way that others view your results.

How we can help

Your management reports pack will be tailored to meet your business needs, but will typically include:

• Profit and loss/income statement on a month by month basis
• Balance sheet
• Departmental reports
• Comparisons to prior periods and budgets
• Multi-currency reporting
• Schedules detailing key control account reconciliations; and
• Full transaction report.

What you can expect

Our financial reports are simple and quick to review, giving you oversight of the activities of your global operations.

Accompanied by a written summary of key issues, they are completed to strict deadlines and in a format agreed with you based on your particular needs.

In the event that you want to consolidate your reports alongside, or analyse them against, other connected entities, we can also provide bridging reports.

These are particularly useful for subsidiaries in each of your territories and can be tailored to reflect local statutory requirements.

Technology leveraged services

All management reports are made available to you through our secure online web interface and include the ability to interrogate live accounting records.

Month-end procedures

We have a culture of ‘fast close’.  Currently, the majority of our international clients are closed within five working days of month-end.

The earliest close we have provided is working day one minus two (with a cut-off date agreed prior to month end and appropriate accruals made).

A 48-hour close from the provision of the final inputs is possible in almost all cases.

Working together

The deadlines and key accounting policies, along with confirmation of who we should accept instruction from, will be agreed with you and documented as a part of our engagement terms.

Alongside your management reports we will provide a summarised report to management that will highlight performance against any key performance indicators and other noteworthy issues that should be considered by a user of the accounts.