Nov 18, 2024
8:27:37pm
8:27:37pm
Is this a reserve for loan losses or a reserve on accounts receivable? If it’s
loans, there is guidance from the FDIC and OCC that would probably support it even if it’s a non-bank lender.
If it’s just regular old reserves for AR, not really. It’s just correcting an estimate in the current period.
Also, does the entity report annually or quarterly?
If it’s just regular old reserves for AR, not really. It’s just correcting an estimate in the current period.
Also, does the entity report annually or quarterly?
- Bio page
- UNLVcougar
- Joined
- Oct 3, 2001
- Last login
- Nov 18, 2024
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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