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Accounts Receivables Management: Insight and Challenges

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  • Charles Adusei

    (Department of Accounting, Finance and Banking, Garden City University College. Kumasi, Ghana)

Abstract

This paper studied how Zoomlion Company Limited manages its accounts receivables. Based on multiple linear regression analysis, Kendall coefficient of concordance and One sample t-test, the result shows effective credit control systems by the company. However, poor monitoring and lack of effective follow up measures were the key challenges to debt management. The paper recommend stricter adherence to the credit policy and vigorously pursued effective recovery strategies and furtherprescribed best practices in accounts receivables management.

Suggested Citation

  • Charles Adusei, 2017. "Accounts Receivables Management: Insight and Challenges," International Journal of Finance & Banking Studies, Center for the Strategic Studies in Business and Finance, vol. 6(1), pages 101-112, January.
  • Handle: RePEc:rbs:ijfbss:v:6:y:2017:i:1:p:101-112
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    References listed on IDEAS

    as
    1. Steven Finlay, 2008. "The Management of Consumer Credit," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-230-58250-7.
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