7 Tips for Effective Financial Management

1.  Be actively involved in setting a budget

2.  Be clear on your assumptions

3.  Work with your accountant 

4.  Share the budget with your team

5.  Take responsibility

6.  Monitor performance and take action

7.  Focus on the most important numbers

About the Author Duncan Brodie

Since 2006 I’ve worked with in excess of 6,000 accountants and professionals in workshops, seminars and one to one helping them land their next jobs and become better leaders, presenters and business partners. Before that I spent 25 years in accountancy climbing the career ladder from Payments Clerk to FD. I’m a CIMA Fellow, Certified Professional Coach and Team Coach Facilitator.

Leave a Comment:

6 comments
Arch says 29 June 2009

As we are experiencing a global financial crisis these days, we need to only buy our basic needs. It’s about time to cut-off our extra expenses.

Reply
Financial Management says 28 July 2011

This blog explains developing management skills and leader ship capability skills and explains tips for financial management.thanks for providing tips and sharing.

Reply
Add Your Reply