Could your debt be reduced or forgiven? Take our financial relief quiz. Find my match Could your debt be reduced or forgiven? Take our financial relief quiz. If you’re a business owner extending ...

The allowance method is the means by which companies are able to better anticipate and prepare for the loss that will occur from customer accounts that will be uncollectible in the future. Unlike the ...

New accounting standards on how hospitals report bad debt expense will improve hospital balance sheets and the comparability of some financial metrics, according to a report from Fitch Ratings. Health ...

Every business owner knows -- or should know -- that there will be some customers who can't or won't pay their bills. Conservative accounting principles require that this unfortunate fact of business ...

When companies do business on credit, they have accounts payable and accounts receivable. They represent accrued revenues and debts that will eventually come due. But what happens when your accounts ...