Do in an hour what previously took a day

Using Validis Amatino, accountants can comprehensively review and prepare regular (monthly or quarterly) management accounts within an hour. This can save as much as five hours on a typical preparation engagement.

The following is an example of a real accounts review job, explaining what activities were undertaken and how much time was saved. For a more comprehensive review the saving would be significantly more.

Your hourly rate:

£100

Current review procedures	Time saved (minutes)	Savings per step using Amatino

Set-up procedures
Restore client data into accounting software	17	£28
Identify areas to review and calculate materiality	9	£15
Confirm Opening Balances and make necessary adjustments	26	£43

Analytical procedures
Perform preliminary analytical review by identifying headline figures and calculate key ratios for financial performance	28	£47
Review Gross Profit Margin graph for the 4 quarters of the year
Register comment on Gross Profit Margin
Review the Profit and Loss, with comparatives and variances	27	£45
Review the Balances Sheet, with comparatives and variances

Detailed review procedures
Fixed Assets	114	£190
Stocks
Review Trade Debtors and obtain aged report
Bank
VAT
Review Trade Creditors and obtain aged report
Long-Term Liabilities
Sales and Cost of Sales
Overhead expenditure

Completion procedures
Final Review	26	£43
Accounts preparation	28	£47

Money saved using Validis Amatino:

More information

Read this how-to-guide (.pdf) to see how, using Validis Amatino, you can review and prepare management accounts in one hour.

Get started now

Validis Amatino is a secure web-based application that requires no additional software or hardware and little or no training. For just £200 per month, provide these benefits to all of your clients now. Just subscribe and go!