Research On Risk Management Of "Accounts Receivable And Inventory Occupied Funds" In A Construction Enterprise

In the new normal era of global economy,China’s economy has quietly changed from scale to quality development.The spirit of the 13 th five-year plan and the 19 th CPC national congress shows that China’s economy will maintain steady growth in the future.Under the influence of economic downturn and falling market demand,inventory and accounts receivable occupied by central enterprises continue to rise.Through efforts,although the growth rate of inventory and accounts receivable occupied by central enterprises has dropped,the inventory and accounts receivable occupied by central enterprises has continued to rise despite the decline in operating income,which has become an important factor that drags down the economic benefits and operation quality of central enterprises.In accordance with the work arrangement of improving the quality and efficiency of central enterprises,sasac has formulated the "2016" pressure control work plan for central enterprises.And issued a policy,stipulate the construction enterprise "accounts receivable and inventory occupied funds" specific connotation,namely "accounts receivable and inventory occupied funds" respectively refers to: receivables occupied funds and inventory occupied funds.The construction industry stands at the forefront of supply-side structural reform.In addition to the policy factors of real estate regulation and control,monetary tightening,dust control and haze reduction and other environmental protection supervision,the cash flow of the construction industry is frequently in short supply.According to the statistics,the total construction enterprises "accounts receivable and inventory occupied funds" accounted for over 50% of the total assets,seriously affected the normal circulation of enterprise funds,"two" the size of the malignant growth contributed to the enterprise cash flow pressure,increase the construction unit of interest-bearing debt,at the same time long payback periods causes high construction enterprise total assets turnover,seriously affected the enterprise normal operation,such as controlled not easy to form the bad assets,unable to create benefits for the enterprise not only,and will bring a great deal of uncontrollable risks.With the deepening of the country’s supply-side structural reform,construction enterprises have actively responded to the sasac’s policy call of "three reductions and one subsidy",and it is extremely urgent for construction enterprises to accelerate the revitalization of existing resources,deleveraging and reduction of "accounts receivable and inventory occupied funds".In this paper,A construction enterprise as the research subject,using the theory deduction method,quantitative analysis,case method and other methods of A construction enterprise "accounts receivable and inventory occupied funds" research and analyze the status quo of risk management,summed up the enterprise in "Accounts receivable and inventory occupied funds" risk management problems,summarize and analyze the cause of the problem.Finally,the measures to solve the risk management problems of "accounts receivable and inventory occupied funds" in A construction enterprise are proposed in the whole process before,during and after the construction.