Accounting and control support of accounts receivable management
Journal Title: Проблеми теорії та методології бухгалтерського обліку, контролю і аналізу: міжнародний збірник наукових праць - Year 2018, Vol 41, Issue 3
Abstract
The article investigates the internal control as a tool for managing accounts receivables of the enterprise, which allows to identify ways to solve issues in the settlements as well as to prevent future accounts receivable timely and quickly. In the course of the research, the following methods as description, analysis, synthesis, deduction, induction, comparison and generalization, systematization have been used. On the basis of working out approaches to internal control in general, the main tasks and objects of control of settlements with buyers have been defined. The obtained results are used as base for the developed method of the internal (managerial) control of objects in relations with the buyers of the enterprise. Application of the developed methodic recommendations allows to assess the current state and trends of the development of commercial, production as well as financial components of the enterprise, to identify weaknesses in the management of settlements with buyers, to define issues, to determine the causes and sources of their occurrence, to establish priorities in dealing with issues in relations between buyers and enterprises, to evaluate possible solutions of these issues with the forecast of possible results, to elaborate preliminary recommendations on the development of strategy for the development of accounts receivable of the company in the medium or long term perspective.
Authors and Affiliations
T. Baranovska, V. Kovalchuk
Keywords
Related Articles
- EP ID EP426447
- DOI -
- Views 111
- Downloads 0
System elements of economic analysis of formation and realization of the project of the state and private partnership
The article analyzes the works of scientists that formed the theoretical basis and provided development of separate methodological tools of economic analysis. An assessment of the current state of the methodological tool...
Аccounting and methodological aspects of capital expenditure for land improvement
The article highlights the process of reflection in accounting the capital costs for land improvement. The main legislation governing this issue is covered. Also the article has agreed the key issues that ensure in accou...
Problems and prospects of development of regulation methods of bank investment activity with derivative financial instruments
The financial crisis of 2007–2009, the effects of which the world is experiencing today, has had a very negative impact on the economies of many developed countries. There are several dozen causes that have led to a down...
Methodological aspects of network assets accounting
The necessity of using innovative tools of processing and representation of information about network assets is substantiated. The suggestions for displaying network assets in accounts are presented. The main reasons for...
Organizational mechanism for imlementation of the travel agency financial potential development strategy
The article discusses the implementation of the financial development strategy as a set of means required for its accomplishment, including consecutive execution of this strategy, creation of the communication channels,...