Accounts Receivables Management: Insight and Challenges

Charles Adusei
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Charles Adusei: Department of Accounting, Finance and Banking, Garden City University College. Kumasi, Ghana

International Journal of Finance & Banking Studies, 2017, vol. 6, issue 1, 101-112

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.

Keywords: Accounts Receivables; DebtRecovery Strategies; Waste Management; Ghana (search for similar items in EconPapers)
Date: 2017
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