A management accountant is essential for any business. Management accountants do not just compile your year end accounts, they can help you understand and work with the nuances of HMRC and Companies House.
If you are running a small business, a management accountant can also help to answer financial questions about running your business. For example, do you have enough retained profit to declare a dividend.
Freelance management accountants can help with
Production of all monthly consolidated management accounts including business commentary
Reconciled all accounts, with investigation where necessary on variances reported
Production of annual statutory accounts
Primary liaison with companies, auditors and accounting advisors
Primary liaison for HMRC, VAT, PAYE and Corporate Tax
If you're new to this way of working, outsourcing tasks to a freelancer might feel risky. In this guide, there are some tactics you can use to reduce the risk of hiring a freelancer for the first time.