On Export Enterprises Accounts Receivable Internal Control System

Under the environment of unprecedented integration in the global economy and the vagaries of financial innovation and development, the loan crisis began in U.S. has now evolved into a global financial crisis. The scope and depth extent of the impact to the world is unexpectedly affected. Economic crisis caused by financial crisis make Chinese enterprises, especially export enterprises face greater challenges. On the one hand, in an increasingly competitive market, Chinese export enterprises have to provide more favorable terms for increasing low-profit-orders; On the other hand, a large number of bad debts occur due to customers in arrears accounts.Not many export enterprises take effective measures to accounts receivable management, resulting accounts receivable not collected as scheduled, the turnover rate declining, tension of capital, and even a financial crisis. To this end, the strengthening of export enterprises of internal control of accounts receivable has very important significance.This paper studies internal control of export enterprises accounts receivable. Based on internal control theory, combined with the export business characteristics and the status quo, existing problems and the reasons, This paper tries to show you establishment of the internal control system and the handling of overdue accounts receivable. According to case study of TIAN HUI Company, the paper explains detailed management practices in some specific situations and problems and solutions of internal control of accounts receivable of export enterprises. The paper proposes to pay attention to export credit insurance, product liability insurance, accounts receivable financing, and establishment of credit management system.The paper is divided into six parts. Chapter one is the introduction, a brief background, meaning and content and methods of the subjects; Chapter two is study on the synthesis of existing literature; Chapter three is an overview of internal control theory; Chapter four is studying the internal control system of export enterprises' accounts receivable; Chapter five is the case study of TIAN HUI company and proposal to pay attention to credit and product liability insurance and establishment of customer credit management system; Chapter six is the conclusions, including the contribution of research, the significance and limitations of the study.