Objective:
To establish a formal routine assessment of the adequacy of the provision for doubtful debts
“…each Controller is responsible for establishing a realistic basis for calculating a monthly provision. The preferred solution is a percentage of total credit sales based upon prior years’ experience…”
Includes:
– SAMPLE REPORT (PROVISION FOR DOUBTFUL DEBTS)
Details:
Department : Finance / Accounting
Who is it for: Financial Controller, Chief Accountant
Document Type: SOP
Level of Detail / Difficulty: Concise / Intermediate
Involved Skills: Accounting, Financial Analysis, Risk Management, Compliance, Forecasting, Auditing
File Format: Word (.docx)
Word Count: 339
Print Length: 03 Pages
File Size: 25 KB
Language: English
Editable: Yes
Ready to Print: Yes
