Mamontova Natalia, Doctor of Economic Sciences, Professor, Professor of the Department of Finance, Accounting and Audit of the National University «Ostroh Academy»

ORCID ID: 0000-0002-2477-6335
e-mail: nataliya.mamontova@oa.edu.ua

Hluschyk Marta, student of the 1-st year of the second (master’s) level of higher education, specialty 071 «Accounting and taxation» of the National University «Ostroh Academy»

ORCID ID: 0009-0001-3580-8929
e-mail: marta.hlushchyk@oa.edu.ua

Specifics of Accounting for Accounts Receivable of Enterprises in Modern Conditions

Abstract. Introduction. The article is devoted to the study of the issue of accounting for accounts receivable in enterprises in the current state of the economy. The article examines the features of accounting for accounts receivable, in particular, the approaches to interpreting the concept of accounts receivable are investigated; the peculiarities of classification and evaluation of accounts receivable in modern conditions are determined; the order and methods of accounting and interaction with counterparties regarding accounts receivable are discussed; the relationship between accounts receivable and other financial indicators is analyzed, as well as the impact of receivables on the financial results of the enterprise.

Purpose. The purpose of this study is to analyze the peculiarities of accounting for receivables of enterprises in modern conditions, to identify problematic theoretical and practical aspects of accounting, as well as to provide recommendations for the effective organization of accounting for receivables of enterprises in order to increase the efficiency of their financial and economic activities.

Results. The article provides recommendations for optimizing the accounting of accounts receivable in enterprises and increasing its management efficiency. This article will be useful for professionals in the field of accounting and finance, as well as for entrepreneurs who own enterprises and wish to optimize their accounting of accounts receivable.

Conclusions. The receivables are an important element of the company’s financial condition, which requires systematic control and analysis. To organize an effective accounting process and control over receivables, enterprises can use various methods and tools, such as creating a credit policy, contracts and payment terms, monitoring risks, increasing the efficiency of interaction with counterparties, and conducting an analysis of debt indicators.

Keywords: accounts receivable; classification of accounts receivable; methods of valuation of accounts receivable; interaction with counterparties; financial results; doubtful and hopeless accounts receivable; statute of limitations; efficiency of management.

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