CO007.1 Allowance for Doubtful Accounts for Delinquent Student Accounts Policy
Submitted by kimble on Mon, 10/14/2024 - 07:56
Policy Number:
Description:
The University calculates an allowance for doubtful accounts provision each year to account for expected bad debts relating to delinquent student accounts. The University uses the allowance method to record the University’s estimated uncollectible receivables. Annually, the Controller’s office analyzes student receivables that are in collections to determine which accounts are uncollectible.
Functional Field Category Unit:
Controller’s Office
Permalink:
Original uploaded file: CO007.1 Allowance for Doubtful Accounts for Delinquent Student Accounts Policy October 11, 2024.pdf.
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Date Effective:
Friday, October 11, 2024
Keywords:
doubtful account, delinquent student account, bad debt expens
Approved By Name:
Dr. Ronald Berry
Approved by Email:
rberry@ulm.edu
Approved by Title:
University President
Applies To:
University
Contact Number:
318-342-3064
Contact Email:
kimble@ulm.edu