allowance for uncollectible accounts

简明释义

坏帐备抵

英英释义

例句

1.When calculating net income, businesses must consider their allowance for uncollectible accounts.

在计算净收入时，企业必须考虑其坏账准备。

2.The financial report showed a significant allowance for uncollectible accounts, reflecting the company's credit risk.

财务报告显示了显著的坏账准备，反映了公司的信用风险。

3.The company set an allowance for uncollectible accounts to prepare for potential losses from unpaid invoices.

公司设定了坏账准备以应对未付款发票可能造成的损失。

4.An increase in the allowance for uncollectible accounts can indicate a worsening economic situation.

增加的坏账准备可能表明经济形势恶化。

5.During the audit, the accountant reviewed the allowance for uncollectible accounts to ensure it was adequate.

在审计过程中，会计审查了坏账准备以确保其充足。

作文

In the world of accounting, businesses must navigate various financial challenges to ensure their sustainability and growth. One important concept that every business owner should understand is the allowance for uncollectible accounts. This term refers to an estimate of the amount of accounts receivable that a company does not expect to collect. It is a crucial aspect of managing credit risk and maintaining accurate financial statements. When a business sells goods or services on credit, it records the sale as revenue, even though the cash has not yet been received. However, not all customers will pay their debts. Some may face financial difficulties, while others may simply refuse to pay. To account for this uncertainty, companies create an allowance for uncollectible accounts, which serves as a buffer against potential losses. The allowance for uncollectible accounts is typically established based on historical data and industry averages. For instance, if a company has experienced that 5% of its credit sales go uncollected in the past, it may set aside a similar percentage of its current accounts receivable as an allowance. This practice helps to present a more realistic view of the company's financial health on its balance sheet. When preparing financial statements, the allowance for uncollectible accounts is deducted from total accounts receivable to arrive at net accounts receivable. This adjustment ensures that the reported figures reflect the expected cash inflows more accurately. By doing so, businesses can avoid overstating their assets and revenues, which could mislead investors and stakeholders. Moreover, the allowance for uncollectible accounts is also essential for compliance with accounting principles such as the Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS). These frameworks require companies to recognize potential losses in a timely manner, thus promoting transparency and accountability in financial reporting. In practice, managing the allowance for uncollectible accounts involves regularly reviewing customer accounts and adjusting the allowance as necessary. If a customer consistently pays late or has a history of non-payment, the business may increase the allowance for that specific account. Conversely, if a previously uncollectible account eventually pays off, the allowance can be decreased accordingly. In conclusion, the allowance for uncollectible accounts plays a vital role in a company's financial management strategy. It helps businesses prepare for potential losses, maintain accurate financial records, and comply with accounting standards. By understanding and effectively managing this allowance, companies can enhance their financial stability and make informed decisions about credit policies and customer relationships. Ultimately, the ability to accurately assess and manage the allowance for uncollectible accounts can significantly impact a company's profitability and long-term success. As the business environment continues to evolve, staying vigilant about credit risks and uncollectible debts will remain a key priority for any organization striving to thrive in a competitive market.

在会计的世界中，企业必须应对各种财务挑战，以确保其可持续性和增长。每个企业主都应该理解的一个重要概念是坏账准备。这个术语指的是公司预计不会收回的应收账款金额的估计。这是管理信用风险和保持准确财务报表的重要方面。当企业以信贷方式销售商品或服务时，它将销售记录为收入，即使现金尚未收到。然而，并不是所有客户都会偿还他们的债务。有些客户可能面临财务困难，而其他客户可能只是拒绝付款。为了应对这种不确定性，公司会建立坏账准备，这作为潜在损失的缓冲。坏账准备通常基于历史数据和行业平均水平来建立。例如，如果一家公司过去经历过5%的信用销售未能收回，它可能会将当前应收账款的类似百分比作为准备金。这个做法有助于在资产负债表上呈现公司财务健康的更现实的视图。在准备财务报表时，坏账准备会从总应收账款中扣除，以得出净应收账款。这个调整确保报告的数字更准确地反映预期的现金流入。通过这样做，企业可以避免高估其资产和收入，这可能会误导投资者和利益相关者。此外，坏账准备对于遵守会计原则（如公认会计原则GAAP或国际财务报告准则IFRS）也是至关重要的。这些框架要求公司及时确认潜在损失，从而促进财务报告的透明度和问责制。在实践中，管理坏账准备涉及定期审查客户账户并根据需要调整准备金。如果客户经常延迟付款或有不付款的历史，企业可能会增加该特定账户的准备金。相反，如果一个以前被认为无法收回的账户最终付清，可以相应减少准备金。总之，坏账准备在公司的财务管理策略中发挥着至关重要的作用。它帮助企业为潜在损失做好准备，保持准确的财务记录，并遵守会计标准。通过理解和有效管理这一准备金，公司可以增强其财务稳定性，并就信用政策和客户关系做出明智的决策。最终，能够准确评估和管理坏账准备可能会显著影响公司的盈利能力和长期成功。随着商业环境的不断发展，警惕信用风险和坏账将始终是任何努力在竞争市场中蓬勃发展的组织的关键优先事项。