Non-GAAP net income, which excluded stock-based compensation and allowance for doubtful accounts, was $1.
What does ADA stand for?
ADA stands for Allowance for Doubtful Accounts (business accounting)
This definition appears very rarely and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of ADA
We have 495 other meanings of ADA in our Acronym Attic
- Air Defense Authority
- Airborne Data Automation
- Airdrop Damage Assessment (US DoD)
- Alamo Dressage Association
- Alaska Dressage Association, Inc.
- Alberta Dental Association
- Alberta Dressage Association (Canada)
- Alcohol and Drug Abuse (various meanings)
- Alert Dispersal Area
- All Disclaimers Apply
- Alpha Dressage Association (Florida)
- Alternate Delay Accumulation
- Alternative Discipline Agreement
- Alternative Distribution Alliance
- American Dairy Association
- American Dance Asylum
- American Dance Awards
- American Decency Association
- American Defense Agency (fictitious organization in novel by Dylan Diggs)
- American Dental Association
Samples in periodicals archive:
The safe harbor allows eligible taxpayers to compute uncollectible revenues by applying a factor of 95% to their allowance for doubtful accounts as determined through the taxpayer's applicable financial statements.
The Complaint alleges that during the Class Period, the Company made false and misleading statements that failed to disclose, among other things, that: (i) the Company had not properly accounted for certain business acquisitions; (ii) the Company had not properly calculated its allowance for doubtful accounts receivable; and (iii) the Company lacked adequate internal financial controls.
5 million its allowance for doubtful accounts to $3.
Specifically, the Complaint alleges that the defendants made false and/or misleading statements and/or failed to disclose: (1) that the Company was improperly accounting for business acquisitions; (2) that the Company was improperly calculating its allowance for doubtful accounts receivable; (3) that, as a result, the Company's income was overstated; (4) that, as such, the Company's financial results were not prepared in accordance with Generally Accepted Accounting Principles; (5) that the Company lacked adequate internal and financial controls; and (6) that, as a result of the foregoing, the Company's financial statements were materially false and misleading at all relevant times.
More specifically, the complaint alleges that the Company: (1) was improperly accounting for business acquisitions; (2) was improperly calculating its allowance for doubtful accounts receivable; (3) was overstating its income; (4) was preparing and filing financial reports in violation of Generally Accepted Accounting Principles ("GAAP"); and (5) failed to have adequate internal and financial controls.
2011-46 allows a taxpayer to compute its uncollectible amount under the NAE book safe-harbor method by multiplying the portion of the year-end allowance for doubtful accounts on the taxpayer's applicable financial statement that is attributable to current-year NAE-eligible accounts receivable by 95%.
Finally, say you are evaluating a potential foreign acquisition that has had to make a particularly tough estimate - the allowance for doubtful accounts, inventory obsolescence, or the resolution of a lawsuit, for example.