Management Accounts

MANAGEMENT ACCOUNTS – HAS THE BANK REQUESTED THEM? 

Management Accounts

Management accounts are simply a set of financial statements that are prepared between the date of the last set of Annual Financial Statements and the current period.

APPLYING FOR A BOND OR VEHICLE FINANCE

We assist bank loan applicants with the preparation of management accounts that are in compliance with the requirements of the banks.

Therefore, management accounts cover financial periods of between 1 month to 11 months, whereas Annual Financial Statements would cover the entire 12 months (1 Year).

Management accounts should not also be confused with the other types of financial statements such as Interim or quarterly financial statements,.

Interim financial statements are for specific periods such as quarterly (3 months or bi- annual (6 Months).

In addition, management accounts should also comply in full, with the international or the South African Generally Accepted Accounting Standards.

If you are a business individual interested in us drafting management accounts for your bond or vehicle finance loan application, please do not hesitate to contact us.

FILL IN OUR ONLINE FORM FOR ASSISTANCE.

Please fill in our contact form for a quotation on management account.

You may also call us directly on 011 568 9784 or 072 5475231 (Whatsapp).

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