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 Current Years Credit 2023

2023-2024 Form

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hello and welcome to the session in which we would look at impairment of value for that investment what is the big idea well simply put when you make an investment in a debt simply put when you lend money this is what what do you mean by investment in that when you lend money when you buy a bond there's always a risk of not receiving your money what does that mean it means when you lend someone money that individual may not pay you for many reasons maybe the company goes out of business maybe due to economic condition the industry is suffering whatever the reason is you may not be able to get your money it's the same concept as selling on credit what do we mean by selling on credit well remember every time we sell on we sell on credit there's a risk of not receiving the full amount or a partial amount of our money the best way to kind of start this discussion is to review the impairment of receivable because once you review the impairment of receivable you understand how the impairment

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