What is bad debts expense?

If bad debt protection does not fit a company’s needs, there are alternatives. The best alternative to bad debt protection is trade credit insurance, which provides coverage for customer nonpayment in a wide range of circumstances. Let’s say a company has $70,000 of accounts receivable less than 30 days outstanding and $30,000 of accounts receivable… Læs mere What is bad debts expense?

IAS 7 Statement of Cash Flows

A must-read for those seeking to enhance their knowledge in financial analysis and management. If a company has excess cash on hand, it might invest it in a cash equivalent called a money market fund. This fund is a collection of short-term investments (i.e., generally, with maturities of six months or less) that earns a… Læs mere IAS 7 Statement of Cash Flows