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What happened when you made a serious mistake while preparing Financial reports?

<p>1) Did you handle it by self</p> <p>2) Did you told your seniors,colleagues for help</p> <p>3) Other</p>

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Question added by Sara Khan , financial and admin assistant , Ministry Of Defence
Date Posted: 2014/11/29
VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

It was happened in1984. When I solved a problem for Accounting I have given the answer as "400" instead of "400000". (I forgot to add '000's which was marked on top of the question-as in '000s.). I could score only10 marks instead of30 for the correct answer and also lost my University Rank.

Since then I was very careful and not happened to make mistakes out of neglect-ion.

 

Malik Khalid Mahmood
by Malik Khalid Mahmood , Regional Finance Manager , Leosons International FZ LLC

1-. I can handle it myself

Saleem Khatri
by Saleem Khatri , Head of Finance , Berger Paints International

if you are able to solve the mistake on your own then do it, if not take help from your senior. I have seen many people especially juniors making mistakes and then hide it when they realise to have made a mistake, thats very bad as hiding mistakes may create more problems for you, so whenever you realise to have made a mistake just declare it and get it corrected ...

Asim Azaldeen Abdalrahman Mhammed
by Asim Azaldeen Abdalrahman Mhammed , Property Manager , TAAM PROPERTY

Its happend2003 i solved it and told my manager

Mohammed Salim Allana
by Mohammed Salim Allana , Compliance and Assurance Manager , United Arab Bank

It is depend upon what level of authority I am on.

 

When I am a junior staff, I  would definitely highlight it to my seniors for help and resolution. When I am on a senior management role and I made any serious mistake, I have to face the consequences and need myself to take prompt initiatives to ensure least damage to the organisation due to that error or mistake.

MALIIK SOHAIL ABBAS
by MALIIK SOHAIL ABBAS , ACCOUNTS MANAGER , AL RAWDAH GREEN SWEET WATER

THANKS FOR SARAH

1) FIRST IF IT IS MINOR THAN HANLDE IT SELF

2) ASKED THE SENIOR OR AUDITORS TO HELP FOR CORRECTION THE CONSULTANT GIVES THE RIGHT SOLUTION FOR A BIG RUMBLE

Muhammad Waqas Hussain
by Muhammad Waqas Hussain , Sales Executive (Food Ingredients,Feed ,Agri Fertilizer, Water Treatment Chemicals) , Gulf Hygiene Co.Ltd

seniors,colleagues for help

Divyesh Patel
by Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town

I believe everyone make a mistake, afterall we are all humans. There is no shame of asking your seniors or colleagues if you made a mistake and unable to resolve it.

Altaf Bhoon ACA
by Altaf Bhoon ACA , Assistant Finance Manager , Atlantic Maritime Group FZE

Option1

Zainul  Abid
by Zainul Abid , Office In Charge , Bin Sari Specialized Technologies W.L.L

IF POSSIBLE I WILL TRY TO HANDLE BY MYSELF 

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