应收账款管理外文文献.doc

《应收账款管理外文文献.doc》由会员上传分享，免费在线阅读，更多相关内容在教育资源-天天文库。

1、MANAGEMENTOFACCOUNTSRECEIVABLEINACOMPANYAbstractAccountsreceivablemanagementdirectlyimpactstheprofitabilityofacompany.Firstly,thepurposeoftheempiricalpartofthestudyistoanalyzeaccountsreceivableandtodemonstrateacorrelationbetweentheaccountsreceivablelevelandprofitabilityexpressedintermso

2、fRetunonAssets(ROA)ofcompanies.Secondly,theaimoftheoreticalresearchistoexplorecostandbenefitsofchangesincreditpolicy,determinetheindependentvariableswhichhaveanimpactonnetsavingsandestablisharelationshipamongtheminordertodevelopanewmathematicalmodelforcalculatingnetsavingsfollowingarevi

3、sionofcreditpolicy.Onthebasisofresearchresult,amathematicalmodelforcalculatingnetsavingsandfollowingarevisionofcreditpolicy,hasbeendevelopedandwiththismodelacompanycanconsiderdifferentcreditpoliciesaswellaschangesincreditpolicyinordertoimproveitsincomeandprofitabilityandestablishacredit

4、policythatresultsinthegreatestnetprofitability.Keywords:accountsreceivable,profitability,netsavings,creditpolicy21 sampleEKON.MISAOPRAKSADBK.GODXXII.(2013.)BR.1.(21-38)Kontuš,E.:MANAGEMENTOFACCOUNTS...1.INTRODUCTIONAccountsreceivableisthemoneyowedtoacompanyasaresultofhavingsolditsproduc

5、tstocustomersoncredit.Theprimarydeterminantsofthecompany'sinvestmentinaccountsreceivablearetheindustry,theleveloftotalsalesalongwiththecompany'screditandthecollectionpolicies.Accountsreceivablemanagementincludesestablishingacreditandcollectionspolicy.Creditpolicyconsistsoffourvariables:

6、creditperiod,discountsgivenforearlypayment,creditstandardsandcollectionpolicy.Thethreeprimaryissuesinaccountsreceivablemanagementaretowhomcreditshouldbeextended,thetermsofthecreditandtheprocedurethatshouldbeusedtocollectthemoney.Themajordecisionregardingaccountsreceivableisthedeterminat

7、ionoftheamountandtermsofcredittoextendtocustomers.Thetotalamountofaccountsreceivableoutstandingatanygiventimeisdeterminedbytwofactors:thevolumeofcreditsalesandtheaveragelengthoftimebetweensalesandcollections.Thecredittermsofferedhaveadirectbearingontheassociatedcostsandrevenuet