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But immaterial facts, i.e. insignificant information should be left out. The materiality of a transaction will depend on its nature, value and its significance to the external user. If the information can affect a person’s investing decision then it is definitely a material fact. Every organization, according to its needs, chooses a specific period of …

Materiality Concept of Accounting Transaction Significance Leer más »

As an extension of your team, Corcentric provides the right mix of subject matter experts, financial services, and software to deliver guaranteed business outcomes and sustainable bottom-line performance. No matter what industry you serve, our AR management solutions make it easier to minimize risks and maximize efficiency. For example, you can automate the invoicing using …

The Business Case for Accounts Receivable as a Managed Service Leer más »