Ormsby & Rhodes
Timely and accurate management accounts are essential to enable the directors of a business to make the correct decisions.
Ormsby & Rhodes can provide comprehensive management accounting services to clients.
We can prepare monthly, quarterly or half yearly accounts from the client’s source documentation. We can also provide a debtors and creditor’s ledger service which will ensure full control of these aspects of the business on a regular basis.
Other services are tailored to the client’s requirements and we can provide management information and give advice on it when necessary.
Business Plans, Budgeting and Forecasting
A successful business requires planning. It makes sense to avail of the services of an experienced professional to ensure your business is established on a sound footing from day one.
If you are approaching a bank or individual to finance a new venture or expand an existing one, it is vital to have a coherent business based on sound assumption and attainable goals. We can assist you in preparing all aspects of your business plan. From the initial budgets to forecasting and breakeven analysis, we can make suggestions during the process to help point out and overcome any pitfalls along the way.
If required we can monitor the budgets against the actual performance of the company during the initial periods of trading. We can also assist management in the setting up of financial control and reporting systems for the business.
Assisting with your current account’s packages
We can review your current systems and make recommendations for changes. This will help assist you in bringing your accounts systems up to date and help correct any problems or errors that are on the system..
Implementation of Accounts Packages
We can advise on an appropriate package for your business and can assist in the implementation of the package. We will then monitor it in the initial stages of implementation.
As a result of the diversity of our client base we have gained experience in a wide number of computer systems. This has helped increase the success of all our accounts packages.
Back Office Facilities
We offer back office facilities for companies who want to set up an operation in the Republic of Ireland, but do not want the added expenses of an office.
We maintain the books and records of the companies and provide management reports as required.