The preparation of regular management reports, in a format agreed with you, is essential. Such uniformity enables you to monitor the performance of your multi-national business and to make appropriate management decisions at a subsidiary level and/or for the group as a whole.
The consolidated and individual management reports may need to be presented in a different format for different audiences. Accounts for each entity are prepared, where necessary, using an approved chart of accounts to meet local statutory requirements. These same nominal ledger accounts can then be mapped against group nominal ledger codes for consolidated reporting.
We can also provide bridging statements reconciling the results between differing generally accepted accounting principles (GAAP). Our in house specialists can comment on different treatments that may be required under US GAAP or international financial reporting standards.
We provide a tailored accounting solution to meet your requirements. Our portfolio of management accounting services includes:
- Bookkeeping
- Monthly close-off
- Monthly management reporting
- Maintenance of fixed asset register
- Documenting key issues for management consideration
- Profit centre and cost centre accounting
- Project accounting