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You're reading from  Managing Data Integrity for Finance

Product typeBook
Published inJan 2024
PublisherPackt
ISBN-139781837630141
Edition1st Edition
Concepts
Data Engineering
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Author (1)
Jane Sarah Lat
Jane Sarah Lat
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Jane Sarah Lat

Jane Sarah Lat is a finance consultant with over 14 years of experience in financial management and analysis for multiple blue-chip multinational organizations. In addition to being a Certified Management Accountant (CMA U.S.) and having a Graduate Diploma in Chartered Accounting (GradDipCA), she also holds various technical certifications, including Microsoft Certified Data Analyst Associate and Advanced Proficiency in KNIME Analytics Platform. Over the past few years, she has been sharing her experience and expertise at international conferences to discuss practical strategies on finance, data analysis, and management accounting. She is also president of the Institute of Management Accountants (IMA) Australia and New Zealand chapter.
Read more about Jane Sarah Lat

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Learning how race conditions impact the transaction integrity of financial systems

Earlier in this chapter, we mentioned that PostgreSQL transactions have the ACID properties of atomicity, consistency, isolation, and durability. These qualities ensure that transactions are handled consistently and dependably. Let’s take a moment to discuss these in detail:

  • Atomicity: A database is said to be atomic when it needs the entire set of transactions to succeed for the changes to be reflected in the database. If one of the smaller operations fails, the entire operation will fail. But if all the tasks succeed, the entire operation will succeed and be reflected in the database.
  • Consistency: A database is consistent when the data adheres to the rules and relationships established in the database. Only changes that keep the data in a valid state should be made during a transaction. If the transaction is successful, it changes the database’s valid state to another. If...
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Managing Data Integrity for Finance
Published in: Jan 2024Publisher: PacktISBN-13: 9781837630141
© 2024 Packt Publishing Limited All Rights Reserved

Author (1)

author image
Jane Sarah Lat

Jane Sarah Lat is a finance consultant with over 14 years of experience in financial management and analysis for multiple blue-chip multinational organizations. In addition to being a Certified Management Accountant (CMA U.S.) and having a Graduate Diploma in Chartered Accounting (GradDipCA), she also holds various technical certifications, including Microsoft Certified Data Analyst Associate and Advanced Proficiency in KNIME Analytics Platform. Over the past few years, she has been sharing her experience and expertise at international conferences to discuss practical strategies on finance, data analysis, and management accounting. She is also president of the Institute of Management Accountants (IMA) Australia and New Zealand chapter.
Read more about Jane Sarah Lat

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