应收账款管理_洞察力和挑战2017外文文献.pdfVIP

Journal of Finance Banking Studies 6(1), 2017: 101-112 Finance Banking Studies IJFBS, VOL 6 NO 1 ISSN: 2147-4486 Contents available at /ojs / 10.20525/ijfbs.v6i1.668 Accounts Receivables Management: Insight and Challenges Charles Adusei Department of Accounting, Finance and Banking, Garden City University College. Kumasi, Ghana Abstract This paper studied how Zoomlion Company Limited manages its accounts receivables. Based on multiple linear regression analysis, Kendall coefficient of concordance and One sample t-test, the result shows effective credit control systems by the company. However, poor monitoring and lack of effective follow up measures were the key challenges to debt management. The paper recommend stricter adherence to the credit policy and vigorously pursued effective recovery strategies and further prescribed best practices in accounts receivables management. Key Words: Accounts Receivables, Debt Recovery Strategies, Waste Management, Ghana JEL classification: G31; G32 Introduction One of the purposes of setting any business is to maximise profit, hence sales revenue will improve the profitability of that company. Selling by cash is the most ideal way of improving cash inflow but at times a company must sell on credit which is normally termed as trade credit. Effective receivables management and the ability of a company to collect the credit must be the prerequisite of selling on credit otherwise it will affect the liquidity ant the suste