Allowance for Doubtful Accounts
(redirected from Provision for Bad Debts)

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Allowance for Doubtful Accounts

Extra funds from sales, or another source, set aside in order to pay off bad debt if and when it arises. The allowance helps a company ward off any potential cash flow problems should its credit sales not be repaid as expected. On financial statements, it is important to note that an allowance for bad debts exists for fiscal conservatism and not because one expects a large amount of bad debt to accumulate. An allowance for doubtful accounts is also called a cushion. Banks call these funds the loan loss reserve. See also: Savings account.

allowance for doubtful accounts

A balance-sheet account established to offset expected bad debts. If a firm has made a sufficient provision in its allowance for doubtful accounts, reported earnings will not be penalized by bad debts when the bad debts occur. If uncollectible accounts are larger than expected, however, the firm will have to increase the size of the account and reduce reported income. Also called allowance for bad debts, reserve for bad debts.

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allowance Prevision para deudores incobrables Reserve Reserve Account Reserve for Bad Debts			48 per cent in 2007, sending its provision for bad debts soaring to £75m in the first half of the year, more than 14 times the level in the same period of 2006. B&B turns rent collector on buy-to-let properties by guardian.co.uk / guardian.co.uk O5bn provision for bad debts - after highlighting growing problems with US borrowers defaulting on mortgages. HSBC profits soar to pounds 11.5bn by Daily Post (Liverpool, England) Generous helping backfires on Egg SHARES in online bank Egg have fallen 2pc after a rise in its provision for bad debts took the shine off rising profits at its core UK business. Opec pledge hits oil price by The Journal (Newcastle, England)			Prospect Theory prospective appraisal Prospective Earnings Growth Prospecto Prospecto preliminar prospectus Prospero Protect Protected Fund Protected Risk protected strategy Protection Money Protection Racket Protection sociale Protectionism Protective Covenant protective put Protective put buying strategy Protective Stop Protest Protesto Prototype Plan Proved Reserves Provisao de impostos Provision Provision for Bad Debts Provision for Income Taxes Provision pour depreciation Provisional Call Feature Provisional Call Trigger Price Provisional Rating Provvigione proximate cause proxy Proxy Committee Proxy Committee Ballot Proxy Contest Proxy Directive Proxy Fight Proxy Materials Proxy Solicitor Proxy Statement Proxy Tax Proxy Vote PRPs Prudent Man Rule Prudent-Man Rule Prueba acida PS PSA PSA Prepayment Rate			Proving Grounds proving ring Proving-Period Emergency provings provings Provins Provinsi Irian Jaya Barat PROVINT Provintsiia Provir proviral proviral proviral provirus provirus provirus proviruses proviruses proviruses Provisao de impostos PROVISCOUT provise PROVISG Provisi Sumber Daya Hutan provision provision provision provision Provision and Use of Work Equipment Regulations 1998 Provision for Adverse Deviation Provision for Bad Debts provision for damages Provision for Deferred Income Tax Provision for Doubtful Debts Provision for income taxes Provision for Loan and Lease Losses Provision for Unrealised Profit Provision for Unrealized Profit Provision of Production Facilities provision of the law Provision of Urban Amenities in Rural Areas Provision pour depreciation Provision Stowage Assembly Provision, Bad Debt Provision/Provisioning provisional provisional provisional provisional provisional Provisional Acceptance Certificate Provisional Acceptance Date Provisional Airlift Wing Provisional Allowable Daily Intake Provisional Approval for Service Use Provisional Army of the Confederate States Provisional authority Provisional Basic Military Requirement provisional calcification zone provisional calcification zone provisional calcification zone

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Allowance for Doubtful Accounts (redirected from Provision for Bad Debts)

Allowance for Doubtful Accounts
(redirected from Provision for Bad Debts)