Guidance on current expected credit losses applies to some not-for-profit organizations. Find out when and how.

When analyzing average collection period, be mindful of the seasonality of the accounts receivable balances. For example, analyzing a peak month to a slow month may result in a very inconsistent ...

For example, if Joe’s Bakery has an accounts receivable balance of $5,000 at the start of the month and $10,000 at the end of the month, the company would add the two balances together and ...