IMO, it is as important as ever that us accountants (when undertaking the book-keeping for clients) provide our clients with sufficient financial information rather than the old school approach of heres your vat return to approve, see you next quarter. I feel this is particularly important with the introduction of bank feeds/receipt bank etc. which may result in the clients feeling the provision of book-keeping on a VAT return only basis is not as difficult or important (if they could possibly do it themselves) as it used to be.
In light of the above, I would be interested to hear what approach you all take with regard to reporting to clients. I appreciate it will depend on the fee you have quoted and thus the time available and the size/type of client.
A minimum requirement would be to send P & L / Balance sheet / DLA review/ estimate of corp tax (and possibly personal tax) but how much additional detail are you providing?
e.g. A restaurant - do you have a summary page showing comparisions to previous years. GP%/wage%/Purchases%? Would you go as far as providing them with takings per week day/week-end?
Any other ideas?