Knowledge Centre

Free expert insights for business owners
Management accounts

Management accounts explained: examples & best practices

For growing UK businesses, management accounts are more than just numbers—they’re the roadmap to confident decision-making. At striveX®, we know how powerful the right data, at the right time, can be. In this blog, we’ll break down what management accounts are, share real-world examples, and highlight best practices to help

Read More
Management accounts

Your Guide to Management Accounts: Meaning, Use, and UK Business Impact

Understanding the management accounts meaning is critical for UK business owners who want to grow sustainably and make informed decisions. In simple terms, management accounts are internal financial reports that give you a clear picture of your business’s performance on a monthly or quarterly basis. Unlike statutory accounts, which are submitted annually

Read More
Management accounts

Who Prepares Management Accounts & Why Are They Important?

Management accounts are essential financial reports that help business owners make informed, strategic decisions. They are usually prepared monthly or quarterly and give you a real-time understanding of your business’s financial health. At striveX®, we create clear, actionable management accounts for growing UK businesses that want to lead with numbers,

Read More
Management accounts

Are management accounts audited? What you need to know

For UK business owners, directors, and finance managers, understanding the role of management accounts is critical to making informed decisions, planning for growth, and staying compliant. But one of the most common questions we’re asked is: “Are management accounts audited?” In this blog, we’ll break down exactly what management accounts

Read More