Research On Internal Control Optimization Of Accounts Receivable In S Company

With the development of market economy and the intensification of competition,accounts receivable,as a means of credit sale,is widely used by enterprises.However,holding accounts receivable needs to pay a certain price,which may lead to the increase of bad debts cost,high asset-liability ratio and low cash recovery rate.Therefore,it is particularly important to strengthen the management of accounts receivable.Perfect internal control of accounts receivable plays an important role in scientific management of accounts receivable,and it is also a necessary prerequisite to ensure the efficient operation of enterprises.Therefore,it is necessary to improve internal control of accounts receivable.In recent years,the photovoltaic industry is facing fierce competition.Enterprises generally use credit sales to maintain sales.This practice increases the business risk of enterprises.The reason for this phenomenon is that the internal control of accounts receivable of enterprises in photovoltaic industry is not perfect enough.There are also many problems in the internal control of accounts receivable of S Photovoltaic Company,which is selected in this paper.For example,the lack of independence of the credit management department and the ineffective collection means.Therefore,through the case study of S company,it is necessary to improve the efficiency of capital use,reduce the operational risk,and achieve effective internal control optimization of accounts receivable,and further optimize and improve the internal accounts receivable of China's PV enterprises.Control has a strong guiding value.The structure of this study is as follows: Firstly,the general situation of S photovoltaic company itself and its industry,the status quo of accounts receivable and the status quo of internal control of accounts receivable are analyzed;secondly,through combing the basic situation of S photovoltaic company and the internal control situation of accounts receivable,combined with the implementation process and the results of the implementation effect analysis,the formation,survival and collection of accounts receivable are separately analyzed.Section analysis is carried out to find the problems in the internal control of accounts receivable of S company.Thirdly,based on the analysis of the problems existing in the internal control of accounts receivable of S photovoltaic company,the causes of the problems are analyzed from the aspects of goal setting,control environment,risk assessment,control activities,information communication,internal supervision,etc.Finally,combined with the reality of S company.According to the actual situation,the paper puts forward the optimized improvement scheme and safeguard measures.Based on the analysis of theory and case,this study draws the following conclusions:(1)Through the analysis of the current situation of the company,it is found that the internal control of S company's accounts receivable has problems such as imperfect approval process and imperfect collection and punishment mechanism.Lack of independent information management department,insufficient internal control supervision,etc.,need to be improved;(2)Based on the above-mentioned problems and reasons,design S company to conduct customer credit evaluation,improve collection mechanism and other internal control optimization measures for accounts receivable,It is conducive to improving the level of operation and management;(3)S company can propose corresponding safeguard measures from the aspects of improving performance appraisal incentive mechanism and strengthening internal and external information communication to ensure the healthy and stable development of the company in the future,and also for other enterprises in the photovoltaic industry.Effectively carry out internal control of accounts receivable to provide good countermeasures for reference.