Management Reports

The regular management reports that we prepare are completed to a strict deadline and in a format agreed with each client on an individual basis. The aim is to produce financial reports that are simple and quick to review whilst giving you oversight of the activities of your global operations. All of the financial reports produced are accompanied by a written summary of key issues.

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“The fact that Blick Rothenberg can provide us with dollar denominated reporting, in a format we understand, whilst continuing to ensure that we remain compliant with local GAAP and tax reporting, means that we can focus on business matters without having to worry about local legislation.”Brian Fenty, Chairman of TodayTix
What are management reports?
Our financial reporting package is designed for you to monitor the performance of your business and make appropriate management decisions. These reports, presented in an Excel format, can be tailored to align with your group reporting in both presentation and general ledger coding. Through import files, at either a transactional or account level as required, we can make it simple for you to consolidate the activities of your global operations.

We prepare accounts that reflect your group's accounting policies. Where applicable, bridging reports are prepared for subsidiaries in each territory to reflect local statutory requirements.

Our management reports will be tailored to your requirements but will typically include a profit and loss/income statement on a month by month basis with departmental reports and comparisons to prior periods and budgets as relevant, schedules detailing key control accounts and a full transaction report. This information is all available through our secure online web interface to the accounting records, including the ability to interrogate the live accounting records.

How does this integrate with other support we may require for our global expansion?
Our financial accounting service is a part of a suite of services offered. It can sit alongside our financial administration service where we can manage the online approval and payment of supplier/vendor invoices and employee expenses, manage international treasury and maintain compliance in areas such as payroll and value-added tax reporting.

Our management reporting service can include:

  • Bookkeeping and month-end close
  • Periodic management reports in an agreed format
  • 24/7 secure online access to your financial accounting reports and records
  • Multi-currency reporting
  • Consolidation and group reporting
  • Report to management of key performance indicators and noteworthy issues
  • Profit centre and cost centre accounting
  • Project accounting
  • Control account reconciliations
  • Stock/inventory accounting
  • Maintenance of a fixed asset ledger
  • Other month-end adjustments such as accruals and prepayments
  • Inter-company reconciliations
  • Review against budgets
  • Secure online storage of your accounting records and financial reporting
  • Bridging statements between group accounting policies and local GAAP

How long do management reports take to produce?
We have a culture of 'fast close' and currently most of our international clients are closed within five working days of month-end. The earliest close we have provided is working day one minus two; a 48 hour close from provision of the final inputs is possible in almost all cases.

How do I find out more?
To find out more about our financial reporting services, please contact partner Simon Gleeson at simon.gleeson@blickrothenberg.com