Epstein File EFTA01367009: Allowance (DS10)

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💨IMPACT LEVEL 1 — MEH

Epstein File EFTA01367009: Allowance (DS10)

Financial RecordDecember 31, 2013EFTA013670091 keyword hits

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This financial document discusses accounting practices for allowance for doubtful accounts. It indicates that management establishes allowances by considering historical losses and current market conditions. Notably, as of December 31, 2013 and 2014, there was no allowance for doubtful accounts recorded.

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🔑 Evidence Keywords

allowance

📋 Key Excerpts3

PersonKeyword

Excerpt 1

In establishing the required **allowance**, management considers historical losses adjusted to take into account current market conditions and customer's financial

Excerpt 2

Account balances are charged off against the **allowance** after all means of collection have been exhausted and the potential for recovery is considered remote

Excerpt 3

As of December 31, 2013 and 2014, there was no **allowance** for doubtful accounts.