PLease do not blame software. At the end of a period/month/qtr/half year/full year any good finance team/CFO will ensure that the software is locked down so that transactions do not go into prior periods. Doing that stops this sort of error. But having a report that shows $10.4m in Cash customer receipts but only $5.1m in the actual audited accounts is misleading. Which is correct. If the lower amount is then is the company stating that they are doing better than they really are. If it is the higher amount then their auditors should be sacked.
At the end of the day it is the Company that is putting out these reports that investors look at and part with their money. if they are wrong then they should correct them.
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