Understanding your numbers!
Management Accounting is about controlling the future before it becomes the past. If a business is to reach its potential and meet targets and objectives it needs well structured Management Accounts to tell it where it is today.
Good Management accounts inform the management about key performance indicators (KPIs) on a monthly or quarterly basis. Each member of the management team is then aware that things are going well and that they have played a part in making that the case.
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Registered to carry on audit work and regulated for a range of investment business activities by The Institute of Chartered Accountants in England & Wales