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The firm started taking intraday "loans" from its segregated customer accounts and returning the money at the end of the day, and used an "alternative method" for calculating whether it had adequate reserves for its foreign accounts.
Turns out Krispy Kreme may have leavened profits in the way it accounted for the purchase of franchised stores and by failing to book adequate reserves for doubtful accounts.
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Therefore, they recognized, any system that builds an adequate reserve for the future must collect more than it needs in the early years.
Have an adequate reserve for all potential emergencies.
China is thought to have stockpiled oil supplies in recent months to assure adequate reserves of diesel fuel and gasoline for the Olympics in August and avoid embarrassing shortages while the country is trying to impress the world.
Citigroup said it had adequate reserves set aside for those matters.
The European Aviation Safety Agency, based in Cologne, Germany, requires that aircraft carry at least sufficient fuel to reach their destination, plus additional adequate reserves to account for contingencies like weather delays, congestion or an unexpected deviation to an alternate airport.
It's very important to visit with your life insurance professional to review your policy and make sure there are adequate reserves to pay for the increasing costs of the life insurance policy.
California has not met federal standards for adequate reserves since 1990.
GWP no longer has adequate reserves left to pay for infrastructure costs.
maintaining adequate reserve funds for the project.
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CEO of Professional Science Editing for Scientists @ prosciediting.com