Management Advisory
Cost reduction analysis, budgeting, variance reporting and inventory management.
Cost and management accounting work sits behind the compliance calendar rather than on top of it: the same cost records that support a statutory cost audit also answer what a product actually costs, where margin is being lost, and which overheads are being absorbed on a basis that no longer reflects operations.
The firm reviews the costing system in place, prepares budgets and variance reports against actual results, and carries out contribution and break-even analysis to support pricing and product mix decisions.
Inventory work covers valuation method, control levels and the treatment of slow-moving and non-moving stock, which is often where working capital is quietly tied up.