{"id":6496,"date":"2023-11-25T21:30:30","date_gmt":"2023-11-25T21:30:30","guid":{"rendered":"https:\/\/yourfinancebackoffice.com\/?page_id=6496"},"modified":"2023-12-21T01:10:46","modified_gmt":"2023-12-21T01:10:46","slug":"management-accounts","status":"publish","type":"page","link":"https:\/\/yourfinancebackoffice.com\/index.php\/management-accounts\/","title":{"rendered":"Management Accounts"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"6496\" class=\"elementor elementor-6496\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-76a9dc0 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"76a9dc0\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;shape_divider_bottom&quot;:&quot;tilt&quot;}\">\n\t\t\t\t\t<div class=\"elementor-shape elementor-shape-bottom\" data-negative=\"false\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 1000 100\" preserveAspectRatio=\"none\">\n\t<path class=\"elementor-shape-fill\" d=\"M0,6V0h1000v100L0,6z\"\/>\n<\/svg>\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-70b38d2\" data-id=\"70b38d2\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-fc62bdf elementor-reverse-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"fc62bdf\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-93ce3a3\" data-id=\"93ce3a3\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6492da1 elementor-widget elementor-widget-heading\" data-id=\"6492da1\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.18.0 - 20-12-2023 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h1 class=\"elementor-heading-title elementor-size-default\">Management Accounts<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1c9c8c9 elementor-widget elementor-widget-button\" data-id=\"1c9c8c9\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"#\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Finance<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-098d624 elementor-widget elementor-widget-button\" data-id=\"098d624\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/yourfinancebackoffice.com\/index.php\/contact\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-icon elementor-align-icon-right\">\n\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-arrow-circle-right\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8c137 0 248 111 248 248S393 504 256 504 8 393 8 256 119 8 256 8zm-28.9 143.6l75.5 72.4H120c-13.3 0-24 10.7-24 24v16c0 13.3 10.7 24 24 24h182.6l-75.5 72.4c-9.7 9.3-9.9 24.8-.4 34.3l11 10.9c9.4 9.4 24.6 9.4 33.9 0L404.3 273c9.4-9.4 9.4-24.6 0-33.9L271.6 106.3c-9.4-9.4-24.6-9.4-33.9 0l-11 10.9c-9.5 9.6-9.3 25.1.4 34.4z\"><\/path><\/svg>\t\t\t<\/span>\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Talk with us<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-24dc586\" data-id=\"24dc586\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9474ce6 elementor-widget elementor-widget-lottie\" data-id=\"9474ce6\" data-element_type=\"widget\" data-widget_type=\"lottie.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t \t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t<div class=\"elementor-element elementor-element-f0497d8 e-flex e-con-boxed e-con e-parent\" data-id=\"f0497d8\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\" data-core-v316-plus=\"true\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2cf7a5e elementor-widget elementor-widget-text-editor\" data-id=\"2cf7a5e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.18.0 - 20-12-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<h2 class=\"heading-font\">Management Accounts<\/h2><div class=\"text\"><p>Management Accounts is a key process for any business facilitating executive decision making. Can Management Accounts be outsourced? Yes and No:)<\/p><p>Quality of Management Accounts is heavily dependent on knowledge of business and its current \/ future plans. This involves interaction with department heads and knowledge of business which needs to be gathered in house. A significant part of management accounts also involves accruals and prepayments based on invoices, contract documents, standard recurring journals, preparation of journal templates and preparation of periodic management accounts template which can be outsourced.<\/p><p>Outsourcing of standard recurring aspects of management accounts and complex analysis, reporting aspects can free up time and resources in the management accounts team to focus on building relationships with stakeholders and providing improved analysis to executives.<\/p><p><strong>Why outsource management accounts?<br \/><\/strong><\/p><ul><li>Free up time for increase stake holder meetings<\/li><li>Expand management accounts on need basis for adhoc analysis requirements<\/li><li>Expand the technical skill sets of your team by getting access to our technically tuned in accountants<\/li><li>Increase your ability to provide valuable management information to business heads<\/li><\/ul><p><strong>Services we provide<\/strong><\/p><ul><li>Prepare month end journals on agreed basis for accrual, prepayments, recurring journals<\/li><li>Update key month end schedules, annexures maintained outside system e.g. fixed asset depreciation schedule, rental agreements etc.<\/li><li>Prepare Month End Templates for reporting and commentary<\/li><li>Prepare Training Manuals on using month end templates, provide support where necessary<\/li><li>Conduct initial variance analysis, highlight accounts requiring more detailed inputs from department<\/li><li>Support Adhoc Analysis, reporting involving complex accountancy, technical skills<\/li><\/ul><\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Management Accounts Finance Talk with us Management Accounts Management Accounts is a key process for any business facilitating executive decision making. Can Management Accounts be outsourced? Yes and No:) Quality [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"footnotes":""},"rishi__cb_customizer_meta":"","_links":{"self":[{"href":"https:\/\/yourfinancebackoffice.com\/index.php\/wp-json\/wp\/v2\/pages\/6496"}],"collection":[{"href":"https:\/\/yourfinancebackoffice.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/yourfinancebackoffice.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/yourfinancebackoffice.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yourfinancebackoffice.com\/index.php\/wp-json\/wp\/v2\/comments?post=6496"}],"version-history":[{"count":7,"href":"https:\/\/yourfinancebackoffice.com\/index.php\/wp-json\/wp\/v2\/pages\/6496\/revisions"}],"predecessor-version":[{"id":6721,"href":"https:\/\/yourfinancebackoffice.com\/index.php\/wp-json\/wp\/v2\/pages\/6496\/revisions\/6721"}],"wp:attachment":[{"href":"https:\/\/yourfinancebackoffice.com\/index.php\/wp-json\/wp\/v2\/media?parent=6496"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}