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Financial Management: High Sensitivity To Numbers

2014/8/30 20:42:00 24

Financial ManagementDigitalHighly Sensitive

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It is not only CFO but a basic quality and requirement of all financial practitioners. Only in this way can the accuracy of digital accounting be paid attention to and the deepening of details is not purely divided into money and money, but rather with high numerical sensitivity. Only sensitive to numbers can we catch and sniff out discordant notes in the operation from the dull numbers.

As for digital sensitivity, I have two views:

First, it is easy to distinguish this number.

Authenticity

And high and low, this requires you to contact and understand the number of data is more, such as budgetary, assessment, past, previous, industry level, brother company!

Second, we should use conventional logic to carry out digital verification and judgement, precisely because all figures and results in financial accounting are gradually calculated according to certain norms and procedures.

Summary

It is easy for the financial staff to believe that they have calculated the data.

As everyone knows, because the most basic data source is wrong or incomplete, no matter how well your accounting methods or check the accounting methods, the results are often inappropriate. If you use a common logic and common sense of common people, you can often feel the credibility of the data.

With regard to these two points, CFO should be a necessary management skill.

Modesty requires you to listen more to the opinions of others and other departments, or even to accuse and complain about the financial accounting department.

Modesty requires you to be strict with yourself. Otherwise, if you insist on principles and others can deal with expenses flexibly, you may be especially careful.

Modesty, but not to listen, to humble, but to pay more attention to ways and means, and reasonable.

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