Research On Internal Control Of Accounts Receivable In SD Company

In recent years,the market competition has become increasingly fierce.More and more enterprises expand the market,seize more market share and increase their total profits by selling on credit.Under such a loose credit policy,the enterprise accounts receivable has increased substantially,and the management cost of the enterprise accounts receivable and the cost of the company in the loss of bad debts have also increased.On the contrary,the profit of the enterprise has been greatly reduced,and the risk of the enterprise's operation has been gradually increased.It threatens the survival and development of enterprises.This is not only the impact of the external environment of enterprise accounts receivable,but also the cause of the formation of imperfect internal control.Therefore,on the basis of improving the internal control of accounts receivable,we should strengthen the enterprise's control of accounts receivable.At the same time,we should fully consider the risks brought by accounts receivable,and try our best to control the risk factors affecting the future survival and development of enterprises within the minimum range.SD company is a pharmaceutical manufacturer.In recent years,the company has vigorously promoted the business expansion strategy.The form of credit sales has become the fastest way for enterprises to seize market share.Although the company's profits have been significantly improved in this way,it also leads to a substantial increase in the enterprise,s accounts receivable,thus forming a large amount of money.However,in order to operate normally,enterprises have to borrow heavily from banks to solve the pressure of funds.So for a long time,the problems of enterprises wlll be reflected slowly from the whole capital chain.Therefore,how to speed up the recovery of accounts receivable and how to strengthen the internal control and management of accounts receivable have become the problems that must be solved in the current operation and management of the company.Firstly,this paper introduces some theories related to the internal control of accounts receivable from the theoretical point of view.Then it combines theory with practice.Based on the background of SD company,it describes the basic situation of SD company and the current situation of internal control of accounts receivable.This paper starts from five angles of internal control.This paper analyses the current situation of control,and finds out the problems existing in accounts receivable of enterprises,and finds out the reasons for the problems from five aspects of internal control.Finally,some suggestions are put forward to improve the internal control of accounts receivable in SD company.Problems arising from the internal control of accounts receivable of SD company also exist in quite a number of small and medium-sized enterprises in China.Therefore,the research on internal control of accounts receivable in this paper should not only have a certain reference function to the relevant internal control system of accounts receivable of SD company,but also improve the internal control system of accounts receivable of many small and medium-sized pharmaceutical enterprises in China if there are some problems such as SD company's internal control of accounts receivable.