Management Accounting information is the life blood of all successful businesses
(PRWEB UK) 16 August 2013
The article in The Daily Telegraph on 13th August 2013 picked up on several issues regularly encountered by those offering Management Accounting services. Management Accounting enables you to make informed business decisions by providing regular, timely and relevant financial and statistical information. It is integral to all well run businesses, used to drive performance, inform strategy, maximise profit, enable comprehensive analyses and highlight issues. Yet many businesses continue to operate without this crucial information. Why is this?
The reasons are many and varied. Certainly new business owners often suffer from “it’s my baby” syndrome - a reluctance to cede control, especially during critical periods, despite a lack of necessary skills. Similarly, there can be a misunderstanding of the importance of good Management Accounting information. Perhaps it comes down to the costs of employing a Management Accountant – owners may feel this is an unaffordable expense and decide to tackle the task themselves, investing considerable time in the attempt; time that would be better spent developing the business.
Eagle Consulting has been providing businesses with flexible, tailored Management Accounting solutions for over 20 years. Their highly skilled team of over 50 staff has expertise in all areas of accounting and extensive experience across a range of industry sectors with over 700 clients nationwide. By working closely with clients they are able to tailor their services to meet the specific needs of individual businesses. This in turn enables owners and managers to focus on the business, armed with the information they need to drive performance.
Established in 1993, Eagle Consulting is a professional Management Accounting practice based entirely in the UK, offering flexible solutions to meet the day to day accounting needs of businesses. Their staff includes 7 qualified accountants and people with experience in industry and practice, including the ‘Big Four’ accountancy firms (Deloitte, Ernst & Young, PricewaterhouseCoopers and KPMG).
15a Harbour Road, Inverness, IV1 1SY
0800 731 5368