For agentic AI to be truly effective in finance, it needs a foundation of industry-specific knowledge. Specialized language ...

The primary business and financial goals of any M&A transaction should be the creation of an enduring and sustainable ...

In accrual accounting, the cost of long-term assets is allocated over their useful lives through depreciation or amortization. This aligns expenses with the periods that benefit from the asset ...

Here is a list of the most common accounting principles: Expenses and liabilities should be recognized as soon as possible, even if uncertainty exists, while revenues and assets should only be ...

Furthermore, liquidity is robust, with liquid banking assets accounting for 34 per cent of total assets, and the bank reported a liquidity coverage ratio (LCR) of 341 per cent at year-end 2023.