Professional Accounting and Tax Services

Management Accounting

Tools & Applications

How Management accounts can help your business?

Management accounts provide business owners critical information on the financial side of business performance.

They will give you a “dashboard” for your business performance. On the one hand, the management accounts can give you early warning signs of negative trends in your business. On the other hand, on a positive note, the information earned leads to better business decisions, which will allow you to optimize profitability.

  • We prepare weekly/quarterly/annual financial reports for critical financial analysis.
  • We prepare accurate Balance sheets and detailed Profit and Loss statements.
  • We study (analyze) the cash inflows and cash outflows of the business and suggest ways to improve them without affecting vendor and customer relationships.

    We also analyze which type of activity your liquidity flows more such as Operating, Investing, OR Financing.
  • We help to manage all control accounts reconciliations with utmost accuracy and efficiency.
  • We can help by preparing an Annual budget and Projected Cash Flow statement for your business.

    We conduct detailed comparisons and research for budgets and forecasts.

    We perform Budget v/s Actual variance analysis and come up with the reasons for the huge variance.
  • We analyze your business trends to get in-depth insights into your business dynamics and assist you in making critical decisions.

For a business like Restaurant, where Cost Analysis is essential, we can help by analyzing the Cost matrix.

By analyzing the product mix, we can suggest how Costs can be reduced by adopting the most beneficial Product mix out of various options.

We provide bank & Credit Card Reconciliations by preparing custom reports for bankers and stakeholders.

For the business like Sports Events, Software subscriptions, where Deferred Revenue concepts are used to record the revenue, we maintain the detailed revenue recognition schedule to ensure the correct recording of revenue.

In the case of a BIG business group, where there are multiple subsidiary companies to the parent company, we present an inter-company reconciliation report and consolidated financial statements to analyze the financial result of the whole group.

We review the financials as per USGAAP, prepare a Compilation report in the standardized template, and prepare a detailed Review report with the list of open items. This is a part of our Audit Services.

We assist you in tax preparation and tax planning by reviewing your finances.

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