Internal Control Of Accounts Receivable Management Research Of Pesticide Company

ABSTRACT:With the accelerated pace of international economic integration, as well as constantly adjust our macro-economic policies and changes, enterprises are faced with the risk of increasingly complex and competitive environment is intensifying. Enterprises to survive and develop must be constant through the market behavior of their own products or services to sell. In order to expand the product of sales and market share and increase the competitiveness of the sales process, companies more and more inevitable, even this kind of credit the adoption of credit sales methods, so larger numbers of accounts receivable resulting appears in the inter-enterprise credit transactions. Therefore, the establishment of sound intimal control system accounts receivable, identifying and measuring the enterprise’s internal and external risks faced by, and based on risk assessment carried out appropriate control activities, you can eliminate or reduce the losses caused by business risk, improve enterprise’s capacity to respond and competitiveness. Meanwhile, in order to adapt to the situation of world economic development, China’s enterprises also an urgent need to study and draw on the accounts receivable on the results of theoretical studies of internal controls do a good job doing accounts receivable risk management, internal control is a prerequisite.With the rapid development of China’s pesticide industry, it has become the world’s largest producer. The annual production of a large number of technical and formulations, but also about60%of pesticide exports to foreign countries, provided for agricultural production worldwide an important support.As pesticide production management level is generally low. The accounts receivable internal control is particularly important. Accounts receivable management, improve cash flow ratio, is the key factor in the fundamental premise and pesticide enterprise development. In this paper, based on the internal control theory, expounded the necessity and importance of the accounts receivable management in pesticide business, how to improve the management level, to promote the healthy and rapid development of business requirements.