Management Accounts
At Moore Stephens Nathans we believe that the key to management accounting is the provision of reliable and meaningful information to management on a timely basis. We have a significant client base to whom we provide a broad range of management accounting services. Our optimal solution is provided by effectively acting as your outsourced Financial Controller or Finance Director, saving you the expense of a full time post, yet being a fully integrated and supportive member of your business team.
Our full range of services would include the following:
- Monthly or Quarterly Management Accounts
- Benefits our clients by enabling faster and more accurate decisions, greater flexibility, and increased quality of decisions. This is achieved by the generation of periodic management reporting packs to include profit and loss accounts, balance sheets and cash flow statements.
- Identification of Changes in Financial Trends
- Benefits our clients by the identification of early warnings of financial ill-health by producing variance report solutions focusing on income and expenses. Early warnings will give management time to take pre-emptive steps and make corrective action.
- Consolidation of Data – “Dashboard” Production
- Benefits our clients by producing fully integrated management report solutions to consolidate reports from other divisions of client enterprises – sales teams, marketing division, production teams, distribution teams etc. Cross divisional reports will provide management with full visibility of all the organisations’ activities and lead to more informed decision making.
- Active Capital Management
- Benefits our clients by producing balance sheet report solutions on liquidity management – focusing on debtor, stock and creditor management. In the current financial environment, liquidity management is of critical importance and good decisions and can only be made with good information.
- Forecasting and Budgeting Solutions
- Benefits our clients by enabling managers to focus on short, medium and long term plans that will achieve an organisation’s strategic objectives. We place strong emphasis on interaction with all stakeholders in budgets to consolidate the correct information. Setting realistic targets and expressing targets in budgets is a fundamental part of the management of forward looking businesses. We can make a financial model to achieve this objective.
- Key Performance Indicator Development and Reporting
- Benefits our clients by looking beyond financial criteria to assess performance on drivers that stimulate our clients’ businesses. Providing management with tools to measure efficiency on non-financial grounds, leads to a stronger assessment of your businesses performance, and will lead to stronger governance.
- “What if” Analyses
- Benefits our clients by enabling the financial outcome of various decisions to be forecasted showing the bottom line impact of real decision making. Financial outcomes are the direct result of management actions. We improve outcome visibility by developing sophisticated financial tools to predict the outcomes that follow management decisions. This will lead to more informed decision making.
- Strategy Development
- Benefits our clients by interpreting management information and converting information into actions that fit with the strategic development of the organisation. Management information, by its sheer volume and complexity, can be overwhelming for management. We help in refining the information and interpreting the key drivers and converting them into initiatives that will drive the company forward in a strategically smart direction.
Even though all solutions are tailor made for each clients need, we believe that three ingredients must be present in our management reporting solutions:
Key Personnel
A smart solution deserves a smart team.
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Brian Hayes, Director Corporate Finance
Derived from Brian’s broad range of experience in his career to date, Brian’s ethos is that clients deserve quality advice that is solution driven, commercially focused and professionally delivered. |
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Ned Murphy, Partner
Ned and his team are totally committed to a solution orientated approach to the issues facing entrepreneurs today. Ned has a determined approach that sees him work in an open and proactive manner in evaluating opportunities and reviewing transactions across a broad spectrum. |
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Andy Quinn, Partner
Andy Quinn is a Dublin based Partner in the national practise of Moore Stephens Nathans and currently leads the firms national strategic team with responsibility for developing and enhancing the firm's compliance services. |
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Tony Hughes, Manager
Tony specialises in providing audit & accountancy services to small & medium sized companies across a range of sectors. His portfolio covers a wide range of business areas with particular emphasis on the retailing and professional areas. |
