Management accounting and business advisory

Audit and advisory

As a leading management accounting advisory, we can provide advice and support for your business. Whether you need assistance preparing your statutory and management accounting reports, looking for guidance on how to present your financials and forecast performance, or perhaps you’re in need of our business advisory services to help you look ahead strategically.

In all areas of the business advisory practice, we provide you with pragmatic, expert-led, personalised advice. Our unparalleled insights can help your business succeed, grow, and prosper.

As a global market leader, we have several management accounting advisory and support services which can help you achieve your goals.

Financial Reporting

Financial reporting is becoming more and more complex, which can mean seemingly simple transactions can have complex reporting ramifications for your business. Even without change, preparing accounts can cause an unwelcome headache, especially given the recent overhaul of Irish and UK GAAP and other frequently changing regulations. Your accounts help your stakeholders, including investors, lenders, suppliers, and customers make informed decisions about your business. With this in mind, our management accounting services can:

Assist you with our tailored financial reporting support service
Help you understand how FRS102 will affect you and your business
Take the stress out of IFRS, by using our specialist business advisory team to optimise your reporting opportunity

Accounts preparation and management information

Our business advisory team know that to make the most effective business decisions, you must have confidence in the information on which you base them. Working with poor management information can lead to a lack of clarity and control, a situation which makes decisions more likely to be reactive rather than proactive. We can put a set of figures into perspective and help you to determine what the management accounts say about the performance and state of your business.

Profit improvement, forecasting, and cash-flow projections

We understand that growing your business can be difficult, so you need to be able to focus on the areas of activity that make it most profitable. Our management accounting advisory will not only assist with your management accounting, but we can also help you:

Assess the key performance criteria in your business and explore ways of improving the monitoring of key performance data
Assess the impact and likelihood of key risks and define appropriate actions
Accurately present budgets and forecast for a wide range of users, helping to build confidence and foster business growth

Strategic planning

We know that the day-to-day running of your business takes precedence. However, having a defined and well-articulated strategy that can be implemented in a highly responsive way is a key factor in achieving increased business profits and value. Our business advisory team can work with you as part of a facilitated process to help:

Develop an effective business strategy to articulate and focus on the areas of priority necessary to achieve your individual business goals
Provide you with a recorded plan to implement, with fresh projects and actions throughout the year
Conduct an annual strategic review to assess what has changed, and update your plan accordingly
Assist with communication corporate and team goals
Maximise team performance
Assist individuals by assessing their wealth and entrepreneurial priorities, including looking at succession options
Throughout the year, our management accounting services team is on hand to offer you our ongoing support. By having separate ‘big picture’ meetings, we can explore any issues and opportunities or simply take time out to focus on the future.

If you’re looking for a management accounting advisory that offers a holistic approach to your business’ success, contact us to find out how we can work together to achieve your goals.