Notice of RetractionResearch on method and application of estimation of enterprise bad debt loss

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

When receivable funds can not be taken back or it is almost impossible to take the funds back, the funds can be considered as diminution funds, i.e. Bad Debts, the loss resulting from the diminution is termed Bad Debt Loss. Bad Debt Loss is the major part of Diminution Accounting. Currently in our country, the checking method and application of enterprise bad debt loss are relatively standardized, but it needs to be further perfected. In accounting practice, there are 3 methods to timely estimate bad debt loss. At the present time, bad debt is most likely to take place in enterprises in our country; therefore, the author has some views in the issues that should be considered when applying the 3 methods.