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Provision for Doubtful Debt – SOP

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To establish a formal routine assessment of the adequacy of the provision for doubtful debts

SKU: FI 020 Categories: , Content:

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
File Size: 23 KB
File Format: Word
Print Length: 03 pages
Document Type: SOP
Content: Intermediate
Language: English
Editable: Yes

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