Meaning of the acronym AFDA
In accounting, the acronym AFDA stands for Allowance for doubtful accounts.
Short definition from the glossary of financial terms
The allowance for doubtful accounts is a reduction of the total amount of accounts receivable on a company’s balance sheet so that only the accounts receivable expected to be collected are reflected.
Read the full definition of Allowance for doubtful accounts in the glossary of financial terms.