Research On Credit Rating Of J Enterprise Accounts Receivable

The rating system for the credits of accounts receivable is an important means and technical tool for enterprises to improve their capablity of credit risk management,which plays a vital role during the development of enterprises.A more scientific and integrated credit rating system can help enterprises grasp the basic credit condition of the rated enterprises accurately and timely,provide an authentic proof for the credit sales of enterprises,and can bring benefits to the company's accounts receivable management at the same time.Enterprise J has deficiencies in accounts receivable management and credit rating.With the increasement in the total amount of accounts receivable year by year,the risk of the callback of accounts receivable is also increasing.This problem has greatly threatened the daily operation of Enterprise J.In view of the problems existing in the management of accounts receivable in this enterprise,the author does a research on the main reasons.Firstly,Enterprise J lacks a systematic and scientific credit rating system of accounts receivable;Secondly,Enterprise J lacks in an independent credit management department.As a result,Enterprise J fails to form a sense of risk identification and prevention at the beginning of accounts receivable.This thesis which takes J enterprise as the research object studies the financial data of Enterprise J's accounts receivable,the management mode of accounts receivable and the management status,etc.With the methods of aging analysis,financial index analysis and management control process analysis,it is found that Enterprise J lacked a sound and perfect credit rating system in the credit risk management of accounts receivable.Considering the problem of rating system and aimed at this main problem,the author uses the method of actual investigation and literature analysis.with the help of the theoretical framework of three-dimensional credit theory and the actual situation of Enterprise J,the author draws up a preliminary credit rating index system,and sends out questionnaires to 15 experts and stuff of Enterprise J to screen the indexes.She combines the advice from experts and the questinaire.a more systematic and scientific credit rating index system is constructed.The AHP is used to empower the indicators of the index system,and different scoring standards are set according to the indicators of different dimensions.Finally,through the actual data of five customer samples,the credit rating system is tested and verified,and the feasibility of the rating model in the actual operation of Enterprise J is studied.This thesis studies the actual situation of Enterprise J credit rating of accounts receivable,and draws a conclusion according to its problems: Enterprise J needs to employ a practical and effective credit rating index model of accounts receivable and also needs the support of organizational structure and security system,which means it needs to establish an independent credit management Department to guarantee the credit rating.Through the research and analysis of the credit rating of Enterprise J accounts receivable,this paper provides a new idea and method for J enterprise's accounts receivable management and credit risk control.