General Accounting Tips
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The Emergence of AI in Accounting for Manufacturers
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By Andrew Larson, CTO at FinQuery Artificial Intelligence (AI) is revolutionizing operational efficiency in virtually every sector. Manufacturing companies ...

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Materiality, Immateriality & Material Misstatements in Accounting Explained
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What is materiality in accounting? Materiality is the accounting concept that the more significant missing or incorrect information is to an entity, the ...

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Adjustments & Reclasses in Accounting: Understanding the Basics
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Adjustments are made at the close of an accounting period to rectify errors, record unaccounted income or expenses, and maintain the integrity of financial ...

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Understanding the Basics of Accounting for Bonds
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When an organization requires additional funds, a common action is to borrow money from a bank. However, issuing debt securities, such as bonds, is another ...

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