There is no hedging. Accounts receivable and other receivables that cannot be recovered for more than three years can be treated as bad debts. But never mentioned bad debt provision.

According to the information provided, accounts receivable and other receivables that cannot be recovered for more than three years can be treated as bad debts, but the provision for bad debts has never been mentioned. The specific answer is as follows:

Summary:

According to the conditions provided by the topic, it can be concluded that accounts receivable and other receivables that cannot be recovered for more than three years can be treated as bad debts, but the provision for bad debts has never been mentioned.

Detailed description:

1. Bad debt treatment:

When accounts receivable and other receivables cannot be recovered for more than three years, the company can treat these amounts as bad debts and subtract them from accounts receivable, thus reflecting the actual collection situation.

2. Bad debt provision:

Under normal circumstances, the company will set up bad debt reserves in advance to make up for possible bad debt losses. However, from the information provided, the provision for bad debts has never been mentioned, which may be because the accounts receivable have never been uncollectible before, or the company has chosen not to make provision for bad debts.

3. Future countermeasures:

In view of the above situation, the company can consider the following measures when dealing with bad debts:

-Setting up provision for doubtful debts: In order to reduce the loss of bad debts that may occur in the future, the company may suggest setting up provision for doubtful debts, with a certain proportion of accounts receivable as reserve to make up for possible bad debts.

-Review the debtor's credit: When establishing business relations with customers, the company can strengthen the credit review of the debtor to reduce the potential risk of bad debts.

-Strengthen collection measures: for customers who are in arrears, take collection measures in time, strengthen communication with customers, solve the problem of arrears through reasonable negotiation, and reduce the risk of turning into bad debts.

Extended data:

In accounting standards, the treatment of bad debts means that when accounts receivable and other receivables cannot be recovered within a certain period of time, the enterprise will confirm them as bad debts according to the actual situation and deal with them. Bad debts are generally handled by withdrawing bad debt reserves and writing off bad debts, so as to reflect the losses and financial situation of enterprises in time.

The above is the answer to the question, draw a conclusion according to the information provided and analyze it through detailed explanation. I hope the above content can help you.