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Non-financial managers can increase their financial intelligence by educating themselves about basic financial concepts, understanding the financial implications of their decisions, and learning to use financial data to make better business decisions. They can also seek mentorship from financial experts, take financial management courses, or read books on the subject.
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The book captures your attention from the moment you begin to read Chapter One's You Can't Always Trust the Numbers. Headlines throughout the past few decades have told horror stories about corporations that have "tweaked" the books just enough to make it look like they were in the black and doing fine… but in reality they were just one step away from financial disaster. Remember the Enron story? It took years for accountants and prosecutors to sort out all of that ill-fated company's spurious transactions
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Financial statements do not always tell the entire story about a company. Accounting methods and financial reporting require an executive to decipher...
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