Nov 18, 2024
10:37:25pm
10:37:25pm
Yes. It’s possible. I’m just telling you when you reverse a provision and it
results in flipping net loss to net income, it will draw questions.
If reversing it is the right thing to do because you are over-reserved then you should do it. Just telling you what to be prepared for.
If reversing it is the right thing to do because you are over-reserved then you should do it. Just telling you what to be prepared for.
- 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