Research On Risk Control Of Accounts Receivable Of China Fortune Land Development Co., Ltd

As China's economic development,residents' living standards and urbanization have accelerated since the new period,the proportion of real estate industry in the national GDP has reached 6.9% in 2019.It is not difficult to find that the real estate industry of our country has gradually become the pillar industry of our national economy under the support and guidance of the active government policy for many years.However,due to the impact of global globalization in recent years,domestic and foreign economic consistency has slowed down the pace of development,and China strictly controls the bubble in the real estate industry.so that the general profits of real estate enterprises are reduced,and the financing channels are narrowed,which affects the stability of the operating cash flow of real estate enterprises.But the investor's cautious investment attitude and the resident's careful purchase behavior,causes the real estate industry competition to intensify,therefore has adopted the credit sale way to expand the sales volume,cleans up the inventory one after another.But the malpractice of credit sales gradually appears,such as expanding the scale of accounts receivable,occupying the working capital of enterprises,limiting the actual profits of enterprises,producing high level of accounts receivable risk,affecting the continuous operation of enterprises The road to development.At present,many real estate enterprises pay too much attention to the risk of financing and ignore the risk of accounts receivable,which makes enterprises rely too much on outward financing,which eventually leads to the increasingly tight cash flow of enterprises.This article is divided into six chapters,the first chapter is the research basis,mainly elaborated the topic background and the research purpose significance,the domestic and foreign research literature,the research content and the method;the second chapter introduces the related important concepts and the related basic theory which guides this thesis research;Chapter three is the leading part of this thesis.On the basis of introducing the case study enterprise —— the management and financial situation of CFLD Co.,Ltd,this paper expounds the structure and types of the risk of the accounts receivable,and analyzes the influence and harm of the risk factors.Chapter five is the core content of the thesis,designs the principles and objectives of risk control of CFLD Accounts Receivable,then plans the organizational structure of its accountsreceivable risk control,and designs the financial risk warning system based on the results of risk assessment.Finally,it puts forward the practical measures of risk control of accounts receivable.