Insights from ‘Financial Intelligence' by Joe + Karen.
Insights from ‘Financial Intelligence' by Joe + Karen. You might be surprised to learn that numbers could lie. Accounting & finance are not reality, they are a reflection of reality. The accuracy of that reflection depends on the ability of accountants & finance professionals to make reasonable assumptions & to calculate reasonable estimates. This leads to bias in numbers. 2. When is the revenue or sales recorded? Choose the correct one from the following 4 options: