Accounting Firms
42% of finance workers confused by financial terms, AAT finds
The top five financial terms that finance workers find most challenging to explain are EBITDA; liquidity ratio; leverage ratio; accrual accounting; and treasury management
Some 42% of UK finance workers are embarrassed to admit they don’t understand terminology at work, with many turning to tech for the answers rather than asking their workmates, new research from the AAT has revealed.
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