Amel offers a full range of Management Accounting, Project Accounting and Systems Accounting services designed to enhance and add value to your business.
Our service range includes:
Performance Reporting Performance reporting is a means to an end. The purpose of the information is to promote action. Good performance reporting will lead Directors and Managers to initiate actions that enhance the ability of an organisation to meet its aims and objectives. Key performance indicators should include financial and non-financial measures.
Budgeting & Forecasting Comparisons are valuable for financial performance. Actual performance reports should be compared to an annual budget to identify areas of under performance. The annual budget represents a benchmark and target for meeting an organisations objectives. The emphasis must be on the future that is influenceable and not the past. Routine forecasting needs to consider the shortfall in actual performance with emphasis on actions in the balance of the year that will achieve an organisations objectives.
Business Planning Business planning should be a continuous process. An organisation needs to know where it is going and how it is going to get there. It also needs milestones so that both direction and speed can be measured. The process of planning is as valuable as the output from it as it provides the opportunity for company wide discussion and consultation. The business plan should breach the gap between an organisations aspirations and its achievements.
Sales & Margin Analysis Understanding which products or services are most profitable to your business is a key to improving profitability. Sales/Margin analysis should identify the most profitable markets, customers and products or services for your organisation.
Project Account / Ad-Hoc Financial Analysis This can cover capital or project investment appraisals, cost analysis and cost control, cash management and other ad-hoc financial analysis.
Systems Accounting Meeting your organisations information requirements involves both time and cost. The most efficient way to generate this information is to look at systems to automate this process. Before looking at new systems as a solution, we look at existing systems first to see if they can be improved to meet the needs of the business.
CEDAR (Capital Expenditure, Depreciation, Analysis & Reporting) Finally, Amel has recently developed a software product ?Cedar?. Cedar is a specialised software package that has been designed to safeguard an organisations assets. It helps in managing an organisations capital expenditure and therefore its cash and also its investment in fixed assets. The system is designed to be user friendly and is functionally rich.
