Management Accounts

March 26th, 2013   •   no comments   

Management accounts are used to help management record, plan and control the activities of a business and to assist in the decision-making process. These management accounts assist you to observe and understand the financial health and well-being of your business. PRS Management CC accounting firm based in Roodepoort Gauteng can prepare management accounts for any period required. We will highlight important matters such as forecasted vs. actual results, sales, expenses, debtors, and creditors trends, future cash flow forecasts and whether you are in the financial position to finance capital expenditure in the months to come. Not having this very useful information can be compared to driving in a foreign city without a map. We at PRS Management CC will be your guide in this foreign and sometimes unsettling environment, by assisting you in making the correct financial decisions critical for your business’ success.

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