As a CEO you don’t want to see all of the detail that accountants are working on. BUT you do need to stay in touch with some of the details and sign off on them. Having a direct involvement in the monthly close process continues your work to stay in touch with your numbers, focus on internal controls, insure accuracy, and can even prevent fraud.
Whatever stage you’re at in business, you need to be all over the numbers. In posts like this, we aim to offer bite-size food for thought – but in a few hundred words, we can only do so much.
If you’re ready to build your financial muscle, how about a FREE copy of James Vanreusel’s (highly-acclaimed) book for CEOs?