Research On The Risk Control Of Accounts Receivable In M Coal Company

In the increasingly competitive buyer market,in order to increase their market share,more and more enterprises use credit sales to enlarge sales volume and increase their revenue.In the coal industry,due to overcapacity,weak demand,credit sales are more and more common,it leaded the coal enterprise accounts receivable base growth,increasing the risk of bad debt losses,and increased accounts receivable management costs,accelerated capital outflows,severe cases may cause the enterprise cash flow break,causing the "black bankruptcy ".Therefore,it is necessary for enterprises to strengthen the risk control of the accounts receivable.Based on credit management theory and risk control theory,combined with domestic and foreign research on the accounts receivable,this paper studies the risk control of M coal company's accounts receivable.First,From the overall size and growth in accounts receivable,bad debt and customer form analyse the quality of accounts receivable.Meanwhile combined with the accounts receivable credit policy and Dunning policy,a comprehensive analysis of the main problems of accounts receivable risk control and its adverse effects are made into M coal company.Secondly,considering these problems,according to the entire risk management system,the risk control plan of accounts receivable are designed from five aspects,strengthen the credit from the Department of construction,improve customer credit rating system,establish accounts receivable ledger system,the perfecting collection management policy and improve the internal control system.Finally,from the construction of public credit platform system,the establishment of credit management information system,strengthen the construction of human resources and other aspects of internal and external security.And the purposes of the paper is to play a positive role in accounts receivable risk control of M coal company.In this paper,using the financial analysis of M coal company accounts receivable risk control analysis of the status quo,and according to the feature analysis model to improve corporate customer credit rating system,combined with the design of other measures for the entire risk management scheme of the company.The scientific and effective control system is established to help M coal company to improve the quality of accounts receivable,reduce bad debt losses and improve the company comprehensive competitiveness,And it will also provide reference for other coal industry enterprises.