Research On Internal Control Of Company H Accounts Receivable

With China's increasingly perfect and mature socialist market economy system,reforms have also entered deep-water areas.With the increasingly active market and the growing scale of enterprises,the market competition between various enterprises has become increasingly fierce.In order to gain a place in the fierce market competition,enterprises can only promote their development by trying various marketing methods.One of the most common methods is credit sales.However,in recent years,the development of commercial credit has become more and more vigorous,which has caused the enterprise to fall into a dilemma-difficult sales and difficult collection.Therefore,how companies manage their accounts receivable is particularly important.Due to inadequate management of accounts receivable,the opportunity cost and bad debt losses of the enterprise will also increase significantly,reducing the turnover rate of accounts receivable.But at the same time,many companies rely on accounts receivable to obtain income.This has led to some companies that have a very small profit.The erosion is even more serious,which may lead to financial crisis,even bankruptcy or bankruptcy.In summary,in the internal control activities of an enterprise,the control of accounts receivable is particularly important and critical.The author believes that because some companies do not increase the importance of the management of corresponding receivables,which leads to management omissions,to truly solve the problems of receivables faced by Chinese enterprises,we must start from the root and effectively improve the enterprise Level of awareness,internally to strengthen corporate accounts receivable control.This article mainly takes Company H as an example.Based on the current problems of its accounts receivable and the reasons that cause these problems,it studies the internal control process of the company to obtain the specific situation of the company's accounts receivable internal control.This article mainly adopts methods including literature research method,field survey method,interview method,etc.It mainly analyzes and studies the construction and operation of H enterprise internal control system.Using the COSO framework,we mainly study the key control points from the perspective of enterprise management to find out the possible problems of the company's accounts receivable in order to re-plan the internal control system of accounts receivable.The author pays particular attention to analyzing and studying the internal control system and customer credit evaluation system of the building materials industry.I hope that by analyzing the typical situation of company H,the establishment and improvement of the internal control system of the accounts receivable of the building materials industry and even all industries Provide some help.The author studies the current status of the internal control system of accounts receivable of Company H,analyzes the main problems,and believes that it can be improved by using the COSO internal control framework model,and finally realizes the scientific management of the internal control system of accounts receivable.The internal control system of receivables mainly includes contract management,risk control credit management,information transmission and supervision.Only by improving and improving the internal control system can the asset security of its receivables be truly realized.