• Register
Search Questions / Answers

Welcome to AccountantAnswer Forum, where you can ask questions and receive answers. Although you need not be a member to ask questions or provide answers, we invite you to register an account and be a member of our community for mutual help. You can register with your email or with facebook login few seconds

Get AccountantAnswer App

Do I need a board resolution to write off bad debtors?


Do I need a board resolution to write off bad debtors? Is it a requirement under IFRS?

asked Sep 14, 2016 in General IFRS Discussion by Hussim

1 Answer

0 votes
There is nothing like that in IFRS. Maybe the laws governing the business entities in your country may require such a resolution. Better check with your lawyers or secretaries.
answered Sep 14, 2016 by Mysio Level 5 Member (22,110 points)


...