scholarly journals Convergence between Accounts Receivable Management and Liquidity in a Private Clinic

SCIÉNDO ◽  
2021 ◽  
Vol 24 (3) ◽  
pp. 185-187
Author(s):  
Newton Michel Insapillo García ◽  
Jorge Luis Contreras Castro ◽  
Carlos Alberto Vásquez Villanueva
Keyword(s):  
Private Clinic ◽  
Accounts Receivable

Slashing Accounts Receivable, Part II

2006 ◽  
Vol 37 (3) ◽  
pp. 60
Author(s):  
JOSEPH S. EASTERN
Keyword(s):  
Accounts Receivable

Standardizing Your Strategy For Accounts Receivable

2010 ◽  
Vol 41 (11) ◽  
pp. 50
Author(s):  
JOSEPH S. EASTERN
Keyword(s):  
Accounts Receivable

Accounts Receivable: Standardized Strategy

2010 ◽  
Vol 40 (18) ◽  
pp. 74-75
Author(s):  
JOSEPH S. EASTERN
Keyword(s):  
Accounts Receivable

Analysis of the Management and Control System of Trade Receivables on the Effectiveness of the Corporate Cash Flow on PT. Enseval Putera Megatrading, tbk

2020 ◽  
Vol 2 (1) ◽  
pp. 75-87
Author(s):  
Syarifah Nuriah ◽  
Abdul Rakhman Laba ◽  
Muhammad Sobarsyah
Keyword(s):  
Control System ◽  
Cash Flow ◽  
Primary Data ◽  
Ratio Analysis ◽  
Financial Ratio ◽  
Accounts Receivable ◽  
Corporate Capital ◽  
Financial Ratio Analysis ◽  
Data Source ◽  
And Control

This study aims to determine the management and control system of trade receivables on the effectiveness of the cash flow company’s at PT. Enseval Putera Megatrading, Tbk. The data source used in this study is the primary data source, obtained directly from the company. The analytical method used for testing the management and control system of receivables on the effectiveness of cash flow is the analysis of financial ratios. In this study, the data used for analysis are qualitative data analysis and financial ratio analysis, namely the activity ratio (RTO, ACP, Arrears Ratio, and Billing Ratio). The results showed that (1) RTO of PT. Enseval Putera Megatrading, the highest rate in 2017 was 189 times, while the lowest RTO was in 2015 which was 115 times. This shows the normal level of turnover. The faster the payment terms, the better for the company, because the faster the working capital embedded in receivables returns to capital or cash, which means the higher the receivables turnover. (2) ACP or the average age of collection of receivables applied by companies, especially the value in 2017 is 2 days. This means that the company has been effective in managing its accounts receivable because the standard for collecting receivables set by the company is the repayment limit or due date no later than 7 (seven) to 90 (Ninety) calendar days from the billing statement received by the service user. (3) The Arrears Ratio, namely from 2014-2018, the largest was only 1.11%. This shows that the lower the arrears ratio, the better for the company, which means the company is able to handle its receivables properly. (4) Billing Ratio shows that from 2014-2018 the lowest that is 98.88% shows the greater the value of collectible receivables means the greater the percentage value of the collection ratio so that the better for the company because of the greater return on corporate capital. Then it can be concluded that the Billing Ratio of PT. Enseval Putera Megatrading, it's not working effectively.

Sustainability and Accounts Receivable Management: A Mini-Review

2020 ◽  
Author(s):  
Maha Al-Mahmoud ◽  
Haitham Nobanee
Keyword(s):  
Accounts Receivable

Southern Industries: A Realistic Simulation of Substantive Testing for Accounts Receivable

2019 ◽  
Vol 34 (4) ◽  
pp. 1-13
Author(s):  
Leslie H. Blix ◽  
William Blix ◽  
Mark Edmonds ◽  
Emily S. Keenan
Keyword(s):  
Financial Statements ◽  
Accounts Receivable ◽  
Realistic Simulation ◽  
Revenue Cycle ◽  
Audit Program

ABSTRACT This case helps prepare students for internships and careers in the audit profession by providing them with a realistic simulation of year-end substantive testing of Accounts Receivable. Students are given an audit program for testing management's assertions for the Accounts Receivable balance, and they are provided realistic supporting documentation with which to conduct their tests. Throughout the simulation, students will perform the following procedures: (1) identifying the correct supporting documents for each test and how to perform the required test work, (2) learning how to properly document their findings, (3) identifying any audit issues that arise during the performance of their test work, (4) rendering judgment for common issues that arise during the audit of the revenue cycle, (5) tying the supporting work papers to the trial balance and financial statements, and (6) understanding how an auditor can provide reasonable assurance about an account balance through substantive test work.

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