What does PCL stand for in accounting?
In accounting, PCL stands for Provision for Credit Losses. It represents an estimate of potential losses due to credit risk, such as defaults on loans or other credit instruments. PCL is considered an expense on the company's financial statements, reflecting the expected losses from bad debts or other credit-related issues.
What is PCL PLC?
I heard about PCL PLC recently and I'm curious to know more about it. Could someone explain to me what PCL PLC is and its significance in the industrial automation or related fields?
What is PCL in payroll?
I'm trying to understand payroll processing and came across the term PCL. I'm not sure what it stands for or its role in payroll. Can someone explain what PCL means in the context of payroll?