Regular, accurate financial information is fundamental to being the best. How often you need these reports vary on your business needs. Our Virtual Finance Office (VFO) will assess your management reporting requirements as they develop an understanding of your business ambitions. This gives us better insight into the way your business operates and allows us to work with you to agree exactly what is right for your business.
We want to take the hassle away by providing detailed reports, in the easiest, most efficient manner for you. We work closely with our clients to make sure that all relevant regulatory requirements and reporting deadlines are not only met, but also fully understood and developed. We want to give you the knowledge to see beyond the numbers, using our experience to identify potential areas for cost savings or suggesting steps to maximise profit and allow informed business decisions to be made.
Our management accounts will include a profit and loss account, balance sheet and analytical review, analysis and supporting commentary.
These accounts can assist a business in several ways:
For detailed analysis of your business’s performance and regular updates from experienced, knowledgeable experts, contact one of our Amber Accounting team today to discuss your requirements.
The National Minimum Wage (NMW) or National Living Wage (NLW) rates are increasing from 1 April 2018. Employers need to ensure they are paying their employees at least the appropriate NMW or NLW rate.
You can find the new rates in the table below:
NLW rate From 1 April 2017From 1 April 2018
For workers aged 25 and over£7.50*£7.83
For workers aged 21-24£7.05£7.38
For workers age... more
The 31st of January is a stressful time for accountants and for some businesses. If you left the preparation of your accounts and tax returns to the last minute then you may have found that you had an unexpected tax bill and little time to find the cash to pay it. The impact on your cash flow may affect other business investments you hoped to make or suppliers that need to be paid. Now is a good t... more
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