Management accounts are financial reports that are produced monthly or quarterly for business owners and managers.  They are similar to annual accounts but less formal and with a less rigid structure.

Management accounts usually include a profit & loss report and a balance sheet, making it easy to see how your business is performing financially.

The information provided by these reports is designed to keep you updated on how each area of your business is performing.  This helps you as a business owner to make strategic decisions to benefit the future of your business.

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