This policy is designed to document your company’s principles and procedures regarding bad debts. Allowance for Doubtful Accounts (AFDA) is a provision made by the company in anticipation of a standard amount of bad debt that is likely to be experienced over the course of a fiscal period.
Simply edit the policy and customize the appropriate sections to prepare an AFDA policy for your company!
Looking for some insight into doubtful accounts? Read our blog post: what is the best way to record a bad debt?
Download this policy for only $14.99 CAD
Features include:
- user-friendly, step-by-step instructions
- policy overview with reference to accounting provisions for Canadian and US GAAP
- detailed explanations of interest on overdue accounts, bad debt expense and the allowance for doubtful accounts
Current version released September 24, 2008
Requires Adobe Reader. Designed for use with any word processor, including Microsoft Word, Google Docs and OpenOffice Writer
Please ensure you read our Terms and Conditions before you make your purchase.
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