Responsible for monthly financial information in your company? Not enough time in the day to complete management accounts accurately while also ensuring all other tasks are completed? Grant Thornton's outsourced management accounting service can alleviate the burden for you.
We will produce monthly (or weekly) financial information for the company and deliver it to you in a pre-agreed format. We conduct the preparation of these management accounts either on-site or off-site depending on what suits you best.
Our service includes:
- preparation of weekly/monthly management accounts to present to the company in a prescribed format agreed in advance;
- meeting with the company to discuss the accounts on a monthly basis;
- conducting detailed analysis on the variances noted in the preparation of the management accounts;
- liaising with any internal accounting staff to ensure that all changes and adjustments recommended and agreed are accurately reflected in the day books of the company;
- liaising with the company's external auditors in relation to the management accounts; and
- liaising with any third parties that the company requests.
As your business grows you may require more detailed financial analysis by cost centre. We will be able to provide this without any additional management time input.
Benefits of using Grant Thornton:
- one partner point of contact who will coordinate and facilitate all communications;
- high standard audit files constructed by auditors for auditors; and
- assurance that your accounting treatments are technically acceptable, properly applied, and reported; resulting in the reduction of disagreements or conflict with your auditors.
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