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Accounting
Banking

Recognition Inconsistency

A measurement or recognition inconsistency (mismatch) that arises from using different measurement models for asset or liability values or different...

AFDA

It stands for allowance for doubtful accounts; a contra asset that represents management's estimate of the amount of accounts receivable...

ADA

It stands for allowance for doubtful accounts; a contra asset that represents management's estimate of the amount of accounts receivable...

Allowance for Bad Debts

A contra asset that represents management's estimate of the amount of accounts receivable (A/Rs) that will not be paid back...

Allowance for Doubtful Accounts

A contra asset that represents management's estimate of the amount of accounts receivable (A/Rs) that will not be paid back...

BDR

It stands for bad debt reserve; a contra asset that represents management's estimate of the amount of accounts receivable (A/Rs)...

Bad Debt Reserve

A contra asset that represents management's estimate of the amount of accounts receivable (A/Rs) that will not be paid back...

Bid Price

The amount that an entity or broadly a market participant is willing to pay as a consideration for purchasing an...

Business Combination

A transaction or other event that involves an acquisition by an entity (known as an acquirer- an investor entity) of...

Accounting Policy

A set of principles, rules, bases, guidelines, conventions, and practices that an entity applies in the process of preparing and...