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PM Construction Group Accounts Receivable Management Problems And Improving Measures

Posted on:2017-12-20Degree:MasterType:Thesis
Country:ChinaCandidate:Z K ZhangFull Text:PDF
GTID:2359330536476861Subject:Business administration
Abstract/Summary:PDF Full Text Request
National economic growth in recent years,railway,highway,municipal,real estate and other related project starts in great quantities,make construction industry output value,also prompted construction enterprise obtained the huge development.At the same time,because of the professional characteristics of the construction industry,enterprises in the process of the engineering contracting,need paying a lot of money in order to develop engineering construction,especially since the beginning of this new normal economic development,the macroeconomic situation of the construction industry continued to deteriorate,the industry constantly fierce competition,large amount of engineering to mat endowment,accounts receivable amount is large and fast-growing has become a common problem in the industry.And quality of comprehensive construction enterprises internal accounts receivable management,has a decisive influence on the management of accounts receivable,the overall economic situation and industry attributes of these external factors,is relatively small.Therefore,strengthen enterprise accounts receivable management,for enterprises to improve their management level,reduce the enterprise accounts receivable risk,strengthen its competitiveness in the construction market.For the sustainable development of the enterprise and further expand,has great realistic significance.Paper on the basis of relevant theories of accounts receivable,select PM construction group as the research object,through the PM construction group research and related financial data collection,and nearly five years against the companies,accounts receivable accounts for the proportion of liquid assets,the proportion of revenue,the growth rate of accounts receivable,and accounts receivable aging and bad debt ready to calculate the financial indicators,such as the contrast,analysis the present situation of its accounts receivable management,obtained the PM construction group accounts receivable management quality is not high,urgent need to strengthen the management of accounts receivable point of view,at the same time points out the PM group accounts receivable management problems that exist in the process.And put forward the whole process is divided into three stages of before,during and after the closed-loop management accounts receivable;Establish account receivable internal control system;The accounts receivable the financial analysis of the norm,the refinement and institutionalization;Under the current system,the innovation of the accounts receivable management,accounts receivable to transfer to sell and by accounts receivable pledge,for sale,into notes receivable,the use of the corporation,trust,and other products as well as the measures of the securitization of accounts receivable,accounts receivable to capitalization processing and so on,and according to the actual production and operation of the PM construction group,all kinds of the specific implementation of the proposed methods are put forward.To PM construction group can through these means,to strengthen the management of accounts receivable,effectively reduce the enterprise accounts receivable risk,reduce the loss of enterprise,bring more benefits to the enterprise.
Keywords/Search Tags:PM construction group, Accounts receivable management, Improvement measures
PDF Full Text Request
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