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There is another aspect to this kind of activity. Sometimes there can be an advantage in leading or lagging some aspects of internal accounting data for a time
by 2b3a51 1y ago
There is another aspect to this kind of activity.
Sometimes there can be an advantage in leading or lagging some aspects of internal accounting data for a time period. Basically sitting on credits or debits to some accounts for a period of weeks. The tacit knowledge to know when to sit on a transaction and when to action it is generally not written down in formal terms.
I'm not sure how these shenanigans will translate into an ai driven system.
- AvAn12 1y agoThat’s the kind of thing that can get a company into a lot of trouble with its auditors and shareholders. Not that I am offering accounting advice of course. And yeah, one can not “blame” and ai system or try to ai-wash any dodgy practices.
- iamacyborg 1y ago> Sometimes there can be an advantage in leading or lagging some aspects of internal accounting data for a time period. This worked famously well for Enron.