Research On Internal Control Of Accounts Receivable In KS Company

Nowadays,China's economy is in a period of rapid development.There is no doubt that all enterprises in Qian Fan compete with each other and the superior and the inferior are eliminated.Facing the pressure from all sides,the competition becomes more intense among enterprises.In order to be in an invincible position among many businesses,improve their comprehensive national strength and expand their market share,commercial credit sales came into being and accounts receivable came into being.In order to continuously develop more customers among competitors so as to open up a wider market,they will increase credit sales at the same time of sales,so that the income of enterprises also seems to be growing rapidly,but they do not realize that they will also face the risk of not collecting more accounts receivable.For a long time,the company's capital turnover will be ineffective,so how to effectively manage accounts receivable,avoid the company's daily operating risks and ensure the company's daily operation has become the core management problem of enterprise research.With the help of the development tide of the times,KS Company has developed a number of businesses vigorously.In recent years,KS Company's sales revenue has increased year by year,and the total amount of accounts receivable has also increased sharply.Bad debts and bad debts in a medium to high proportion are also headaches for the management.With the rapid development of today's market economy platform and logistics,KS Company's sales have reached more than four billion mark.There is no doubt that the increase of accounts receivable in KS company makes the capital turnover difficult,which affects the normal development of the company.At present,KS company's management is faced with whether it can evaluate the management mode of accounts receivable in a targeted way and how to improve it so that KS company's sustainable operation can be carried out steadily.Therefore,this paper will conduct indepth research on KS company's accounts receivable and internal control system.Firstly,taking KS lubricating oil enterprise as the research background,this paper expounds the difficulties that KS company faces in the management of accounts receivable,integrates the corresponding management theories of accounts receivable,and reasonably uses various research methods to pave the way for further analysis of the causes of accounts receivable formation in KS company.Secondly,this paper compares the data of KS Company with those of listed companies in the same industry in recent years,and analyzes the accounts receivable of KS Company from multiple levels and angles,including turnover analysis,aging analysis,customer analysis,etc.This part can clearly know the defects and deficiencies of KS Company in the management of accounts receivable through comprehensive data.Then,according to the disadvantages found in the above analysis,this paper designs targeted solutions to suit the remedy to the case.To explore the reasonable optimization of accounts receivable link based on COSO's internal control system.Finally,the measures and conclusions suitable for KS Company's accounts receivable management are summarized.The basic significance of this study is that it can put forward reasonable suggestions on accounts receivable management for KS company,hoping to apply it to KS company's internal control management of accounts receivable to a greater extent and avoid the risk of uncollected accounts receivable.At the same time,it can also guide the direction and countermeasures of accounts receivable management for enterprises with the same confusion in the industry.