Information and Accounting Support for Accounts Receivable Management
8 Pages Posted: 17 Jul 2020
Date Written: June 25, 2020
The article explores the subject of information and accounting solutions for accounts receivable management that include appropriate accounting solutions and analytical techniques. The study focuses on the statutory framework for accounting for accounts receivable under the Russian Accounting Standards (RAP), International Financial Reporting Standards (IFRS), and the generally accepted accounting principles (GAAP). The analytical techniques are described in the context of the authors' view on the essence of accounts receivable management that implies analysis, the establishment of a credit policy and of a discount policy. The article places emphasis on the use of available information technology for accounts payable management, such as blockchain-based smart contracts.
Keywords: information and accounting support, accounts receivable, management, business
JEL Classification: G30, G34, M41
Suggested Citation: Suggested Citation