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Managment Accounts
By: Eben Afful
Bookkeeping for Market Women
Kaneshie Market Complex
Tuesday 28th August, 2018
“A woman is the full circle.
Within her is the power to
create, nurture and transform.”
— Diane Mariechild
OBJECTIVE
To empower women in
management bookkeeping.
What aremanagement
accounts?
They are aimed at helping you to plan your
business and make decisions about key
areas such as sales, margins andstock.
They can help you make timely and
meaningful management decisions about
your business.
the sales process - such as pricing,
distribution and debtors
• the purchasing process - such as
stock records and creditors
EXAMPLES
a fixed asset register - details ofall
fixed assets, including
identification numbers, cost and date
of purchase, etc
employee records
EXAMPLES CONT.
There’s no legal requirement to
prepare management accounts,
but it is hard to run a business
effectively without them
IMPORTANCE
Provide data/information
Enable informed decision-making
Puts you in control
keeps you on track
THANK YOU
THE END

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Managment accounts ppt