Discussion On Internal Control Of Accounts Receivable

As the reform of the medical and health system deepens,people's demand for health care is increasing,and the demand for drugs is increasing,the development prospect of the whole medical industry is good.However,the development of the medical industry also brings a lot of problems.Due to the considerable pressure of market competition,consumer demand naturally becomes the whole market orientation.In order to maintain a stable relationship with customers and obtain a larger market share,credit sales have become more common in the medical industry.There is no doubt that credit sales can increase market share to some extent,but also increase the accounts receivable of enterprises.In addition,there is a serious lack of credit in both the international market and the domestic market.Once there is a credit crisis,it is difficult for the seller to timely and fully collect the receivables,which means that the huge amount of receivables corresponds to the extremely high bad debt risk of receivables.However,accounts receivable is an important part of enterprise operating results,accounts receivable internal control improper will lead to a shortage of funds,which is very adverse to the long-term healthy development of enterprises.In view of this,it is of great significance to study the problems existing in the control of enterprise accounts receivable and put forward corresponding solutions.Although there are many researches on the internal control of accounts receivable in China,there are few researches on the internal control of accounts receivable in the pharmaceutical industry.In this paper,X enterprise is selected as the object,which belongs to the drug circulation enterprise of the pharmaceutical industry.In recent years,the company's sales have been rising,while the amount of accounts receivable has gradually increased,compared with the sales growth rate,accounts receivable growth rate is higher,accounts receivable recovery is not optimistic.So strict control of accounts receivable is very critical.Based on this,this article carefully studied the theory of risk management,credit management theory,on the basis of reviewing the necessity and research direction about the account receivable the internal control of the related literature,and then applied to the practical case,this paper analyzed the characteristics of accounts receivable internal control,the understanding to the X enterprise current accounts receivable balances on the high side,low turnover of monetary fund and undistributed profit amount does not conform to the unreasonable status quo.Through in-depth understanding and analysis,many problems of enterprise X in the internal control of accounts receivable are found.For example: loose credit policy,weak accounting supervision,internal audit failure.Based on the further analysis of the reasons for the poor internal control of enterprise accounts receivable,combined with the relevant theories of internal control,this paper puts forward that the internal control of accounts receivable should be carried out from the three stages before,during and after the occurrence of the event.On the issue of prior control,enterprises should first of all strengthen their own awareness,risk management caused a high degree of attention,strengthen the quality of staff training.At the same time of strengthening the independence of the credit department,the important responsibilities of the credit department should be clarified to establish a complete customer credit file,so as to facilitate the later use and decision-making.For in-process control,it is necessary to improve the existing sales approval and mechanism,timely track accounts receivable,reasonably use factoring to transfer risks,and give full play to the role of audit supervision.For the post-control of accounts receivable,we must strictly implement the collection control system of accounts receivable,improve the standardization of the collection process,closely link it with the performance appraisal,and promote the recovery of accounts receivable through the implementation of relevant reward and punishment mechanism.