Research On The Internal Control Of Company A's Accounts Receivable

Since the implementation of China's socialist market economy,market information has gradually become open and transparent,bringing new environment and opportunities for survival and development.At the same time,more and more companies are participating in the market competition,and the competition is becoming more and more fierce.In this competitive market environment,the company is committed to survival and development.In order to win customers in the market,a variety of business methods are needed.Among them,credit sale is a method often used by companies to expand their operations.In recent years,with the increasing economic pressure,the scale of credit sales among companies is also expanding.At the same time,the phenomenon of payment default between companies is becoming more and more common,even directly leading to the consequences of uncollectible accounts receivable.Due to the impact of the national conditions and the environment with Chinese characteristics,the trading market can not effectively assess and manage corporate credit,resulting in high overdue accounts and bad debts.Nowadays,the failure to recover accounts receivable of many companies has seriously hindered the normal turnover of the company's capital chain and seriously threatened the normal operation of the company.More and more companies have finally realized the importance of accounts receivable management.In this form,it is of great significance to study and analyze the current situation of accounts receivable management and improve the level of enterprise accounts receivable management.How to effectively manage and control accounts receivable has become one of the key tasks to determine the survival and development of enterprises.As an important management process of company development and governance,accounts receivable management has gradually attracted the attention of scholars in recent years,and has gradually become a hot spot of scholars.The author believes that how to deal with accounts receivable must be managed from within the company,establish the internal control system of accounts receivable,and strengthen the internal control of accounts receivable.This paper introduces the basic situation of A company through the case of A company of machinery and equipment manufacturing enterprise,including the analysis of the industry of A company,the management status of A company's accounts receivable,the status quo of A company's accounts receivable management,business process and operation mode.Through questionnaire survey and other methods,it finds out the reasons for the problems in the management of company's accounts receivable,and makes a detailed analysis.The reason is that through a series of analysis of the internal control environment and control activities of accounts receivable,the current situation of enterprise management is further analyzed.Through theoretical and practical methods,this paper summarizes the problems existing in enterprise accounts receivable management,such as:contract review and signing,weak risk awareness of managers,lack of credit supervision department,imperfect accounting system,etc.There are many reasons for these problems.There are problems in setting up full-time staff,poor risk awareness of employees,negligent supervision of management,weak awareness of prevention,inadequate training of employees,and so on.Finally,from the perspective of five elements of internal control of accounts receivable(including control environment,control activities,risk assessment,supervision and evaluation),this paper puts forward reasonable countermeasures and plans,constructs the internal control system of accounts receivable of A company,and provides reference and guidance for the management practice of accounts receivable of enterprises.