Board reporting and management accounts
Numbers you can trust, every month
Management accounts are only useful if they arrive on time, you trust them and they tell you what to do next. Too often they arrive weeks late, show a profit figure nobody believes and don't explain why anything changed.
We produce board-level reporting every month: accurate numbers, the KPIs that match how your business makes money, and a commentary on what changed and what we'd look at next.
What a good board pack includes
Profit and loss against budget and last year, with the reasons for the big movements
Balance sheet and cash position, with a rolling cash forecast
Profitability by client, project, product or location, depending on how you make money
KPIs agreed with you, such as utilisation, recurring revenue, debtor days or average order value
A one-page summary of what the numbers mean and the decisions ahead
Actions from last month, so nothing gets lost
Example KPIs by business type
- Agencies and professional services: utilisation, revenue per head, margin by client, work in progress
- Tech and digital platforms: monthly recurring revenue, churn, customer acquisition cost, cash runway
- Manufacturing and construction: gross margin by job, retentions, stock days, cash tied up in work in progress
Get a sample board pack
See what good monthly reporting looks like for a business like yours. Choose your type of business and we'll email you the version that fits.
Reporting built on a clean month-end
A pack you can take to the board, the bank or investors
Board reporting is part of our full Virtual Finance Department. The same team does your bookkeeping and month-end close, so the numbers are right before they go into the pack. VFD Core clients get the same reporting quarterly.
How it works each month:
- We close the month and reconcile the balance sheet
- We prepare the pack and write the commentary on what changed and why
- We talk it through with you before it goes to your board, bank or investors
- You have the pack on a timeline we agree with you
We keep the format the same month to month, so trends are easy to spot and the people you report to see a business that is well run.
Related services
Virtual Finance Department
One joined-up finance function, sized to your stage.
VFD Core
The full department, sized to where you are now.
Tell us about your business
We'll come back to you within one working day. If it looks like a good fit, the next step is a 30-minute call.