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IFRS 16: Definition, Scope, Applicability, Impact & Disclosure
IFRS 16 is the global accounting standard for lease accounting by the International Accounting Standards Board (IASB). It superseded IAS…
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Types of Financial Instruments: Equity, Debt, Derivative & More
Businesses and individuals use various financial instruments to invest money, hedge against risks, and conduct transactions. Types of financial instruments assets that…
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Top Machine Learning Applications in Key Industries Explained
Training machine learning applications helps computers learn from data and make decisions. Such tools can vastly improve results and save time in…
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Applications of Artificial Intelligence in Real Life Explained
Artificial intelligence (AI) enables machines to emulate human cognition. Now, it plays a role in our everyday lives. AI is everywhere, from…
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Cross Validation Machine Learning Methods, Types, and Examples
Cross-validation machine learning is a method to validate the performance of your machine learning model. It evaluates the accuracy of your model…