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2. AI startup Basis raises $34 million for accounting automation ...

   www.aol.com/news/ai-startup-basis-raises-34...

   Artificial intelligence startup Basis has raised $34 million in a Series A funding round for its AI-powered accounting automation product, the company said on Tuesday. The round was led by Khosla ...

3. Basis of accounting - Wikipedia

   en.wikipedia.org/wiki/Basis_of_accounting

   In accounting, a basis of accounting is a method used to define, recognise, and report financial transactions. [1] The two primary bases of accounting are the cash basis of accounting, or cash accounting, method and the accrual accounting method. A third method, the modified cash basis, combines elements of both accrual and cash accounting.

4. Artificial intelligence - Wikipedia

   en.wikipedia.org/wiki/Artificial_intelligence

   Artificial intelligence (AI), in its broadest sense, is intelligence exhibited by machines, particularly computer systems.It is a field of research in computer science that develops and studies methods and software that enable machines to perceive their environment and use learning and intelligence to take actions that maximize their chances of achieving defined goals. [1]

5. Cash method of accounting - Wikipedia

   en.wikipedia.org/wiki/Cash_method_of_accounting

   The cash method of accounting, also known as cash-basis accounting, cash receipts and disbursements method of accounting or cash accounting (the EU VAT directive vocabulary Article 226) records revenue when cash is received, and expenses when they are paid in cash. [1]

6. DataSnipper, startup that uses AI to eliminate some of the ...

   www.aol.com/finance/datasnipper-startup-uses-ai...

   The company already uses AI to do some of this data extraction and to automate some of accounting tasks, such as trying to reconcile numbers in financial accounts, with the sales receipts from ...

7. Provision (accounting) - Wikipedia

   en.wikipedia.org/wiki/Provision_(accounting)

   In financial accounting under International Financial Reporting Standards (IFRS), a provision is an account that records a present liability of an entity. The recording of the liability in the entity's balance sheet is matched to an appropriate expense account on the entity's income statement. In U.S.

8. Accounting information system - Wikipedia

   en.wikipedia.org/wiki/Accounting_information_system

   For example, consider the accounts payable department when processing an invoice. With an accounting information system, an accounts payable clerk enters the invoice, provided by a vendor, into the system where it is then stored in the database. When goods from the vendor are received, a receipt is created and also entered into the AIS.

9. AI companies that say AGI is close are using dubious ... - AOL

   www.aol.com/ai-companies-agi-close-using...

   Andrew Ng, a leading AI researcher, said in a recent interview with Techsauce that AGI should be able to do "any intellectual tasks that a human can." It should be able to learn to drive a car ...