Control and Analytical Management Aspects of Debtor and Credit Deposit of Enterprises
Control and Analytical Management Aspects of Debtor and Credit Deposit of Enterprises

Summary/Abstract: The issues of internal organization and control analysis of account receivable and account payable are disclosed in the article. The study of the Russian industrial enterprises of receivables and payable status has been conducted. The checking program of the industrial enterprise's receivables has been developed. A grouping of receivables by the terms of formation is proposed for the analysis generalization results of the status and movement of accounts receivable, which will allow making administrative decisions in the field of settlement operations. A set of measures for strengthening the settlement and payment discipline and timely repayment of receivables was developed by the authors of this article. The authors also reflected the typical errors that make responsible accountants. They take into account the state and movement of accounts payable on its main components: in calculations with suppliers and contractors; according to wage calculations; on estimates of taxes and duties; on calculations for social insurance and maintenance and other types of settlements with different creditors. These mistakes and violations lead to the formation of unreliable information on this kind of obligation, which makes the data of accounting financial statements not suitable for working analysis and management decisions. Therefore, a program of internal audit of payable was developed by the main criteria of accounting financial statements to prevent these deficiencies. This article is not only scientific, but also practical. Therefore, the results of the research will be useful for both students, and accountants, managers, and managers of business entities.

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