Management Accounting
Sound strategic decisions can only be made based on accurate data including regular management information. If your existing finance team is unable to provide reliable and accurate data, FDYL can tailor a management accounting solution to deliver the accuracy you need. We’ll complement your existing finance resource to provide detailed information on a prompt and effective basis.
We always work with the objective of continual improvement including:
- Oversee or run the finance function
- Guide or handle the credit control function
- Guide cashflow management, or take ‘hands on’ control on behalf of the business
- Negotiate with creditors
- Provide key management information to guide business turnaround and survival
- Train staff on key issues for managing through recession
Over time we’ll develop and mentor your existing finance team so that they deliver accurate, prompt and
meaningful management information.
“At a time when cash flow was becoming a major problem, Andrew developed a model with key variables to sales and costs that we could amend and update. This enabled us to test ‘what if’ scenarios, identifying if it is possible to reduce turnover but increase profitability. The resulting profit & loss, balance sheet and cash flow forecasts demonstrated to our funders that we had a good understanding of the business model and agreed to the refinancing structure we put forward to them within 14 days.”
T:01274 876822
E:info@fdyl.co.uk

