Research On Risk Prevention Of Accounts Receivable Of A Company

In recent years,along with the changes in the international economic situation,the continuous influx of market competitors in the industry,changes in market structure and supply-demand relationship have led to the impact on the main business income of enterprises.In order to improve the main business income,enterprises have used credit sales,but with the promotion of credit sales,the amount of enterprise accounts receivable as a percentage of main business income has been rising,the aging of accounts receivable has deteriorated,the proportion of bad debts has increased,and the decline in the quality of enterprise current assets has failed to provide stable cash flow for enterprises,which has greatly increased the pressure of enterprises to fight against risks and competition inside and outside the company.To this end,this thesis selects the sporting goods manufacturing and retailing company A as the research object and discusses the risk prevention of corporate accounts receivable.Taking the background and significance of the study as the starting point,this thesis search and consult the related literature on risk and credit management of AR at home and abroad.On the basis of summarizing the literature research review,literature and case analysis,together with quantitative and qualitative analysis method is used as the main research methods of this thesis;secondly,the basic concepts and theories of this thesis are briefly described,among which,the basic theories are: accounts receivable risk management,internal control,credit management and other theories,and the enterprise profile,finance analysis,organization of Company A are studied in depth to summarize the After that,we analyzed the market situation of Company A’s industry and the information reflected in its financial statements,and evaluated the risks of Company A’s accounts receivable from the perspective of the order of before,during and after,using the multi-level fuzzy integrated evaluation method to evaluate the identified risks.According to the evaluation results,the risk of accounts receivable of Company A is high,which is urgent to be controlled effectively,and the top three are: credit risk from customers,system risk and regulatory risk.Finally,based on the results of accounts receivable risk evaluation,countermeasures for accounts receivable risk prevention of Company A are proposed,namely: proposing an ex-ante prevention and control program,establishing a proprietary credit management department,improving corporate culture with risk management methodology;establishing customer credit files and credit rating evaluation system.Standardize the management and execution during the process,establish an accounts receivable monitoring and early warning system and optimize the sales performance assessment system.Sound post-event collection system,improve effective collection mechanism and supervision system.At the same time,this thesis also proposes safeguards for optimizing accounts receivable risk management in Company A.The risks of accounts receivable are reasonably transferred through the construction and application of management information system,corporate culture leading and the conversion of accounts receivable into notes or sales.This study provides theoretical support and practical guidance to Company A’s accounts receivable risk management.Through the analysis of Company A’s case,it analyzes the problems of its accounts receivable risk prevention and improves the enterprise accounts receivable risk and credit management system,which is a good reference for similar enterprises.