Management Accounts Ireland
Monthly financial reporting and clear visibility over your business performance
Waiting until year-end to understand your numbers often means missed opportunities, unexpected tax bills or not knowing how the business is performing month by month. Management accounts give you ongoing visibility, clarity and insight into how your business is performing throughout the year, so you can make decisions with confidence.
Our management accounts service provides monthly or quarterly financial reporting, cash flow visibility and key insights tailored for business owners and directors who want better control and less uncertainty.
This is ideal for growing businesses who simply want to understand what’s really going on financially without complicated accounting language.
What’s included
Monthly or Quarterly Management Accounts
- Key financial performance summaries
- Revenue and cost visibility
- Cash flow reporting
- Profit and loss view
- Balance sheet overview
- Simple, visual summaries for decision-making
Insights and Explanations
- Explained in plain English
- Clear guidance on what the numbers mean
- Recommendations on important actions or risks
- Support for planning and budgeting
Forward-looking guidance
- Forecasting
- Business planning insights
- Cash flow expectations
- Tax positioning and future liabilities
Why businesses use Management Accounts
Management accounts turn traditional year-end accounting into something useful throughout the year. Instead of waiting until everything is finished and historic, you have clear visibility each month (or quarter) on your results, your margins and your cash position. This gives owners and directors ongoing control and the ability to make decisions proactively rather than reactively.
Clear visibility throughout the year
Year-end accounts only tell you what happened in the past. Management accounts show you what’s happening now and what’s likely to happen over the coming weeks and months.
Better decision-making
Knowing your numbers monthly means you see trends early, including cost increases, falling margins or seasonal slowdowns. That gives you the chance to take action sooner.
Understand your real profitability
A monthly profit view helps you see what’s working, identify profitable activities, and stop wasting resources on areas that aren’t delivering.
Better cash flow awareness
Management accounts help you plan for upcoming payments, VAT, payroll and investments so there are fewer surprises and more confidence around business decisions.
Support for directors and owners
We explain what matters, highlight key risks, and provide simple takeaways so you can run the business with confidence, not confusion.
Helps plan ahead instead of reacting
Management accounts help you forecast costs, expected profit, tax liabilities and cash flow, so you can plan funding, hiring, investment and growth with much more certainty.
Who this service is ideal for
Growing SMEs
Business owners or directors
Companies planning ahead
Businesses needing ongoing visibility
Companies experiencing growth or cost changes
How the service works
Step 1 – Setup and review
We review your accounting system, financial records and business model.
Step 2 – Monthly or quarterly reporting
We prepare a structured set of accounts and key financial summaries tailored to your business.
Step 3 – Review and next steps
We explain what the results mean, highlight important actions and advise on anything needing attention.
Additional services you may also need
Many businesses who request ongoing management accounts also require support in other areas of finance as their business grows. Shelbourne provides a full range of outsourced accounting and compliance services so you don’t need multiple providers or separate advisors.
Frequently Asked Questions
Are management accounts different to year-end accounts?
Yes. Year-end accounts are a compliance requirement and show what happened once the year is finished. Management accounts are ongoing reports that show what is currently happening and what the next few months are likely to look like.
Can you customise these for directors, boards or monthly meetings?
Yes. We can present the information in a way that suits directors, investors or board reviews, including key talking points.
How will management accounts help me run the business?
They provide financial visibility all year round. You’ll know whether profit is on track, whether costs are increasing, how cash flow looks and whether the business can afford certain decisions.
Do I need to understand accounting or be financially minded?
No. We translate your numbers into plain English so you can understand what’s happening and what needs attention without any accounting background.
What’s included each month?
Typically a summary of revenue, costs, profit, cash flow, and any important trends. We review the results and answer any questions so you always finish each period feeling informed and confident.
Do these reports impact tax?
Yes. By knowing your numbers year-round, you can make tax-efficient decisions, plan ahead for tax bills and avoid year-end surprises.
How often should they be produced?
Most businesses choose monthly or quarterly management accounts depending on growth and visibility required.
Can they include cash flow forecasting and budgeting?
Yes. Cash flow, budgeting, working capital insights and forecasting can be included based on your business needs.
Is this suitable for small businesses or only larger companies?
It’s useful for any business that wants ongoing visibility and fewer surprises. Management accounts are one of the most effective ways small businesses can grow with confidence.
Contact us
We provide monthly or quarterly management accounts for business owners and directors in Ireland.
