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Provision for doubtful debts - accounting treatment under IFRS and GAAP


Provision for doubtful debts - accounting treatment under IFRS and GAAP. Is there a difference between GAAP and IFRS?

asked Feb 17 in General Accounting Discussion by anonymous

2 Answers

0 votes
Generally, there is no difference between treatment in either. IFRS has derived the treatment of such provision from the GAAP framework. I stand to be corrected, however, from my understanding, this is the case.
answered Apr 10 by Osborne
0 votes
Check this

http://www.accountantanswer.com/1/general-provision-for-doubtful-debts?show=1#q1
answered Apr 10 by anonymous


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