Study Case Comparing Bases On Company Accounts Receivable Internal Control Policy With Financial Informationization Supporting

With China reform and opining-up policy progress, China economic development is rapidly. Follows up lots of AR issues accompany. Lots of companies show profit in accounting, as a few AR cannot receive on time and some of companies have no other financing channel, the company only choice closedown. Bases on this phenomenon, as a professional financial staff with over10years work experiences, faces the truth of general Accounts Receivable collection is not good, I hope to help the company with AR problems but lack of resources improve the AR turnovers and reduce the bad debt.The first section discusses the study background and practices meaning of all kinds of accounts receivable cannot collect on time even incur bad debt with the big background of current opening policy. Also it states the current management situation of accounts receivable and internal control、the status of financial information technologic. The second section sets up a company AR internal control policy via analysis the main elements of internal control frame; and the practices meaning of creating AR internal control policy. The third chapter further discusses the relationship both financial information-based and accounts receivable. The fourth chapter uses the truth stories to state accounts receivable management results under several different phases:from company no sets up internal control policy for AR management and no financial information-based supporting to company sets up internal control policy and financial information-based supporting. The fifty section bases on the bad facts of whole accounts receivable management via using the experiences of famous foreign invested companies for reference to design a conveniences and effective process for medium-sized and small enterprises in China. The last section is summarize and expectation.