THE CONCEPT OF RECEIVABLES AND SOME ISSUES OF ITS REGULATION

Abstract

The purpose is to substantiate the importance of receivables in the accounting system and the overall management process of the enterprise through the analysis of statistics, to reveal the essence of the concept of "receivables" in the regulatory and scientific literature, to assess approaches to determining its role in economic relations between economic entities as well as the selection of prerequisites for optimizing entitlements with debtors as an effective tool for ensuring a quality management system. Method. The theoretical and methodological basis of the study is the theory of state regulation, institutional theory, as well as methods of generalization, analysis and systems approach. The information and analytical base was formed as a result of elaboration of legislative acts of Ukraine, statistical and analytical reviews on the dynamics of changes in receivables of Ukrainian enterprises, scientific papers and publications. Results. As a result of the study we can conclude that the analysis of different interpretations and approaches to defining the concept of receivables, covered in the economic literature, the characteristics and degree of its regulation in accordance with the existing legal framework, the allocation of prerequisites receivables contributes to effective management, strengthening control over the implementation of payments, providing the necessary level of liquidity and solvency of the enterprise. The practical significance lies in the possibility of strengthening competitive advantages of the entity through the allocation of approaches to defining the essence of the concept of "receivables" and just if eying the role of this object of accounting in ensuring the solvency and financial stability of the enterprise. This, in turn, will bring to a qualitatively new level the process of systematization of internal and external factors, will improve the automation of accounting and improve the payment discipline of a particular entity.