Hospitality Financial Leadership: Lies Financial Leaders Tell Themselves

David Lund | June 18, 2019

The Lie: My Balance Sheet Accounts Can Go a Month Without Being Completely Reconciled By David Lund It is the worst lie financial leaders can tell themselves. Nothing is more important than the health of your books. If your books are not caught up and if your account reconciliations are not clean and up to date, nothing else you do in your financial world matters. Period. Full stop. It’s paramount as a financial professional that you never ever let a month go by where you have not completely reconciled the books. You can’t do a clean close without having your accounts reconciled. Preparing the month end statements and not having ...