You are a business owner. You would like to understand what services a Chartered Management Accountant can provide to help you make more effective business decisions.
Chartered Management Accountants can provide a range of services to business owners. They can provide monthly management accounts, showing turnover and profit for the month and YTD. Monthly management accounts can also provide information on KPI’s that are crucial to the success of a business. An analysis of turnover and profit by service/product/customer can also be included.
The above information can provide an indication to business owners on the direction of their business. For example, what % of turnover is from emerging product/services compared with product/services that are either mature or in decline.