The Federal Accounting Standards Advisory Board staff has released a technical bulletin in an effort to clarify the loss allowance standards for accounts receivable and related recognition standards ...

Short-term accounts receivables, receivables measured at fair value or lower of cost or fair value, and debt securities are exempt from the update. For public companies, the amendments that require ...

Accounts receivables and accrued receivables are different types of customer debts that an accountant enters onto a company's income statement or balance sheet. An accountant records all receivables ...

Sometimes your customers or clients just don't pay what they owe. You will need to allow for or write off unpaid accounts receivable, and you need accurate records for taxes and financial statements.

Delinquent accounts receivables are often a lost cause. Retrievables connects attorneys with businesses that aim to collect on their delinquent accounts much faster and at a lower cost. Get ahead of ...