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Why should management learn accounting knowledge?
Management should learn accounting knowledge for the following reasons:

At present, the competition among enterprises is very fierce. In order to make the enterprise develop better, it is necessary to standardize the management of the enterprise at this time, and at the same time, it is required to formulate strict financial management system. However, for managers, they should also learn some financial knowledge.

First, managers must be able to read financial statements, analyze accounting statements, and have a basic judgment on enterprises. The company's financial statements not only reflect the company's financial situation, but also fully reflect the company's operating conditions. Therefore, by analyzing the company's financial statements, we can have a basic understanding of the company's financial situation and the whole operating situation. Understand whether the capital operation is reasonable, and whether the raw materials, auxiliary materials, finished products, semi-finished products and capital collocation structure are appropriate. Then, monthly, quarterly and semi-annual analysis is carried out according to the production characteristics of the enterprise, and the unfavorable factors are found to adjust the decision in time. Through the comparative analysis of financial statements, we can compare the quotas of production, supply and sales, so as to tap the potential, reduce costs and improve efficiency.

Second, the production and operation behavior of enterprises can be regulated through the financial system. Only by knowing some financial knowledge can enterprise managers abide by national accounting laws and regulations, be responsible for financial statements, guide the work of accounting personnel and establish an internal supervision mechanism. Only by knowing some financial knowledge can we use some financial indicators to establish the performance evaluation mechanism of enterprises. In order to guard against financial risks of enterprises.

Three, can give full play to the functions of the financial sector in gathering wealth, financial management and financial supervision. Modern enterprise system requires enterprise managers to plan and manage funds well, so that funds can operate regularly, quantitatively and with quality, and ensure normal production. Standardizing accounts receivable and accounts payable, cleaning up internal and external funds, and rationally using funds are the responsibilities of the financial department and also the concerns of enterprise managers. Only by knowing financial knowledge can managers give full play to the functions of financial departments in gathering wealth, managing money and financial supervision.

Four, financial data and indicators are the basis of decision-making. At present, some enterprise managers are busy with production and management all day long, and do not pay attention to learning, especially some small and medium-sized enterprises and private enterprise managers pay attention to market, technology and management. I think decision-making is about production, management, technology, planning, research and development, and sales. I don't know that these decisions are all for the benefit and cannot be separated from financial data.

As a business leader, if you don't know financial knowledge or have no research on financial management, it may lead to problems in the development of the enterprise, so this is also a key issue that business leaders must pay attention to.