DK Essential Managers: Understanding Accounts

Making Future Financial Decisions

For a business to succeed, it must focus on using accounting concepts and techniques that look to the future. Set an example by basing your calculations on the right costs and using simple but effective tools for sound financial decision making.

Remember that future-looking decisions require new financial skills.

Accept that future-looking decisions of most companies are flawed.

Adopting a new mindset

To make the right accounting decisions for the future, you need to rethink the way that you look at figures. ...