Savchenko A., Ph.D.  (Economics), Associate Professor, Associate Professor of the Department of Audit and Economic Analysis, University of the State Fiscal Service of Ukraine, Irpin, Ukraine

ORCID ID: 0000-0003-1871-7555
e-mail: ANSavchenko@ukr.net

Korotayeva I., Master’s Degree Student, graduate student, University of the State Fiscal Service of Ukraine, Irpin, Ukraine

Analysis of Accounts Payable Using the Example of Enterprise «Mondelis Ukraine»

Abstract. Introduction. In the current context, accounts payable plays an important role in the economic activity of the enterprise and takes a significant share in the balance sheet liability. In the context of the above, the role of analysis is enhanced and requires a separate study, as its results can confirm the correctness and reliability of the use of debt and serve as a basis for making effective management decisions.

Purpose. The article describes the general characteristics of an enterprise’s accounts payable by different types and its relationship with accounts receivable. The General classification of obligations according to the GAAP is provided. The horizontal and vertical analysis of accounts payable on the example of PJSC “Mondelis Ukraine” is carried out and the existing methods of analysis are given. The main analytical indicators and the order of their calculation are determined. The comparative characteristics of accounts receivable and accounts payable of the enterprise, features of carrying out, values and general approaches are given. The main indicators characterizing the quantity and quality of accounts payable are calculated.

Results. Due to the introduction of obligatory analysis of accounts payable at the enterprise it will be possible to react promptly to the status of settlements with suppliers and contractors, with the budget and other creditors, to eliminate overdue accounts payable and to increase the efficiency of settlements.

Conclusions. The study confirms the views of various scholars on the need to analyze of accounts payable using a defined methodology and concerning accounts receivable.

Keywords: analysis; accounts payable; performance; liabilities; structure.

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