Financial intelligence can help in identifying spurious transactions by providing insights into financial data and patterns. It can help detect anomalies, inconsistencies, and unusual patterns that may indicate fraudulent activities. It can also help in understanding the financial health of a company, its profitability, and cash flow, which can be useful in identifying if the company is involved in any suspicious activities. Moreover, financial intelligence can provide a comprehensive view of a company's financial activities, making it easier to spot any transactions that do not align with the company's usual business operations.
Financial statements do not always tell the entire story about a company. Accounting methods and fi...
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