| Abstrakt: |
Introduction. Relevance of the research is caused by the necessity in developing procedures for internal auditing of receivables management, focused on various impact factors and their consequences, as well as the inflationary developments, leading to capital loss in value and depreciation of assets diverted to receivables. Purpose. The article covers debtors ranking score methodology within the process of an organization credit policy buildup and the specifics of the paperwork for the receivables internal auditing. Methods. The article applies methods of financial mathematics, auditing, economic analysis and statistics. Results. Milestones of internal auditing were detected aimed at receivables optimization. The author offered his method of ranging a joint-stock company management level of attention and that of internal auditors as per appropriated criteria, signs and debtors classifications. The formula was developed as well as the sequence of actions of an internal auditor in the process of assessing quantitative influence of changing the terms of the credit policy to the organization financial result prior to taxation. The risk register was formed for an internal auditor: Record of debtors' reliability rating system. Conclusion. Use of the methods, approaches and the record of debtors' reliability rating system offered by the article will allow the management personnel form the estimated figures and draft decisions, directed at receivables optimization. [ABSTRACT FROM AUTHOR] |
