Nov 18, 2024
9:25:05pm
9:25:05pm
If you are audited, reversing a provision to flip from net loss to net income
will trigger all kinds of red flags and scrutiny. Just giving you a heads up now.
- Bio page
- UNLVcougar
- Joined
- Oct 3, 2001
- Last login
- Nov 18, 2024
- Total posts
- 57,223 (2,283 FO)
Messages
Time
Nov 18, 6:39pm
Nov 18, 8:27pm
Yes and it’s way too high. We’re going to miss net income target and want to move funds from loss provision to income.
Nov 18, 9:21pm
Nov 18, 9:25pm
Nov 18, 9:33pm