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Management Accounting Services

Managerial accounting is a critical branch of accounting that is essential for internal users to make the right decision based on facts, not assumptions. Management accounts are what we can say as a byproduct of management accounting. Management accounts are financial reports produced for business owners or managers. Generally, it consists of a Profit & Loss report and a Balance Sheet. These are similar to the year-end accounts; however, they are less formal. Internal users make business decisions based on these reports. Management accounts are essential for strategic decision-making as well as to monitor your financial performance. While it is not a statutory requirement, it is used religiously by most businesses who are serious about their business finance.

We at Whiz Consulting provide management accounting services assisting with the preparation of management accounts. Our services enable businesses to in a well-informed decision-making process. We do it all with efficiency, starting from identifying, measuring, analysing, interpreting, and finally communicating financial information to the business owner. We provide customised services unique to your business and as per the need of the industry you belong to.

List of our Management Accounting Services

  • Cashflow Management
  • Budgets and Forecasting
  • Payroll
  • Periodic Reports
  • Accounts Reconciliations
  • Financial Analysis
  • Financial Strategy
  • Internal Audit
  • Investment Evaluation
  • Cost Accounting
  • Financial Strategy
  • Financial Risk Management
  • Project Management
  • Resource Management
  • Regulatory Adherence And Compliance

Benefits of our Management Accounting Services

Skilled Professional

Our experts are professional have vast experience working with businesses of varied industries, your management accounts are in safe hands

Extended Experience

We have over a decade of experience and can easily help you get accurate and detailed insight into your business finance.

Custom Service

We provide tailor-made services for every business. Whether you want frequent reports or want specific reports, we can provide the same without any error.


We adhere to all standards, laws, regulations and authorities, allowing you to stay compliant and avoid any compliance issues.

Business Growth

Our service will enable you to focus on the core activity as it will do the heavy lifting for you, providing you with the scope for business growth.

Cost Saving

Our management accounting services are extremely cost-effective service as compared to hiring in-house accounting or other competitors.

Management Accounting For UK Based Business

Whiz Consulting provides management accounting services to businesses in London, Liverpool, Leeds, Manchester, Hull, Newcastle, Sheffield, or any other place in the UK. If you want assistance in preparing management accounts in the UK, we are your go-to service provider. We provide tailor-made services to meet your requirements. You will no longer have to worry about making wrong financial decisions for your business once you outsource your management accounting with us. Our experts will make your planning, budgeting and forecasting process a breeze for you, allowing you to access accurate and timely financial reports, which will help you make the right financial decisions. We also conduct regular internal audits, raise a red flag if any issues arise, and further assist you in tackling the same.

Frequently Asked Questions (FAQs)

One major point of difference between managerial accounting and financial accounting is the end-user of these processes. Managerial accounting is intended for the internal user and does not have any statutory requirement. In contrast, financial accounting is intended for external users and is subject to the statutory requirement.
As the name suggests, managerial accounting is used by management. Basically, the internal users like – business owners, managers, shareholders and other internal users. The financial information obtains from management accounting allows the internal users to make important financial decisions for the business.
No, management accounting is not compulsory; however, conducting management accounting will help enhance your business finance understanding.

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