MathildaRock
  • Home
  • About
  • How we help
  • Who we help
  • Insights Blog
  • Contact

how we differ

extraordinary, not ordinary

We listen to understand your values and goals and we use our knowledge and experience
across a wide range of organisations to create innovative solutions that will give you the extra knowledge
to achieve your goals, giving your business a successful and ​sustainable future.​
In accounting, there are two streams: financial accounting and management accounting.
When most business owners think of an accountant, they are thinking of a financial accountant.
For your business to survive and thrive, you need BOTH types of accounting.
We specialise in management accounting.
noun: 
               the provision of financial data and advice to a company for use in the organisation​ and  development of its business

advice, guidance and support when you need it

With our years of management accounting experience, we can look at your business's performance from the inside-out.
We can see trends and pictures in your business that may not be immediately obvious. 
​
We can find ​the information to help you to chart a course 
to put your business where you would like it to be
and for you to make sound management decisions for the future of your business.

Similar to Business Advisors and Virtual CFOs, management accountants can advise, but they can also do
the hands-on work for you, saving you time.


Specialist/qualified management accountants are rare in New Zealand.
We can bring that knowledge to you at a fraction of the cost of employing someone yourself. 
Our work complements that of your financial accountant or tax agent. 
Your financial statements tell you WHAT happened, we can help uncover the WHY, HOW and SHOULD IT.

We're not here just to do the ordinary, we're here to do the extraordinary!

the fundamental differences

financial accounting

Recording of financial transactions
​
Shows you the past
Tells you what HAS happened
​Regular and consistent
Produces historical reports
Provides reporting for external parties
Shows the effects of past decisions
Used to calculate tax obligations
Highly regulated
​Strict deadlines
​Reactive

examples

Bookkeeping
Financial statements
Tax returns
Annual report
Compliance
Ratios
Vertical Divider

management accounting

Accounting for management purposes
​
Has a future focus
Tells you what COULD happen
Regular or ad-hoc
Drives decision-making
Focused on internal financial data
​Helps you anticipate change
Looks at the whole business
Flexible and creative
​As needed
Proactive

examples

Budgeting and forecasting
Analysis
Costing
Productivity
Profitability
Sensitivity

infographics

Picture
Picture

management accounting in nz

NZ's Institute (now CAANZ) merged its financial accounting division and its management accounting division in the mid-80s. 
A small number of members of the Chartered Institute of Management Accountants live in NZ.​

CONTACT US TODAY

(C) Copyright Mathilda Rock Ltd 2018-2021
Powered by Create your own unique website with customizable templates.
  • Home
  • About
  • How we help
  • Who we help
  • Insights Blog
  • Contact