Colin Wilks & Co Limited
Chartered Certified Accountants & Chartered Management Accountants
1a The Avenue, Flitwick, Bedfordshire MK45 1BP
Telephone (01525) 720616 Fax (01525) 720615
Colin Wilks & Co Limited, a company registered in England, registration number 04832012
Management Accounts
Colin Wilks, is a Management Accounting specialist and Fellow of the Chartered Institute of Management Accountants. He firstly trained in industry before founding Colin Wilks & Co.
Management Accounts are any accounting related information that managers and owners of a business find useful in the running of their business. They are accounts that are produced for YOU, not for Companies House, not for the Inland Revenue.
Management Accounts may take many different forms. Their simplest version is a monthly or quarterly statement which follows the format of your formalised accounts. These provide you with a financial analysis of the progress your entire business has made to date.
But you may want to consider a more specific aspect of your business:
How profitable are your individual products or services?
How profitable are your individual customers?
Are you using your resources efficiently?
ALL of these questions and many more are those addressed by Management Accounting - its your internal system use it to improve your business
Don't delay, call us today 01525 720616