Sentences with phrase «as a bad debt provision»
The accounting allowed for a long time a lender to use as his bad debt provision his previous historical loss rate.
http://thecharlieton.com/
In this case, for a number of reasons, their treatment's clearly preferable — $ 1.3 m of AREO revenue (which is contractually due) is recorded, but this amount's immediately written off as a bad debt provision in the P&L.
Not exact matches
Yes, I've seen that & presumed it is a sloppy typo — it should say «after a bad debt provision» as it does in the same text in the Dec - 12 final results, and in the Trade & Other Receivables and Related Party Transactions notes in both final & interim results.