According to an article on Accountinglib, Management accounts are a set of financial statements (statement of profit or loss, balance sheet, Cashflow statement) that are prepared throughout the year usually weekly, bi-weekly, monthly, every 3 months, half-yearly or yearly. Although the preparation of management accounts is not a legal requirement, they are the most important tool for decision making as they help to identify the key drivers or KPIs (Key Performance Indicators) of the business. At business takers, we strive to provide you a realistic view and drive of your business. Trust us today with your accounting needs