THE ESSENCE OF CREDITOR INDEBT AND METHODICAL APPROACHES TO ITS ASSESSMENT AND CONTROL FOR MANAGEMENT PURPOSES

Abstract

The general characteristics of creditor indebt and approaches to its evaluation are considered as im-portant components of the management of the company's financial resources. Creditor indebt is defined as the compa-ny's debt to other individuals and legal entities, which is the subject of legal relations between the debtor and the credi-tor and arises in the course of settlements for funds received, inventories, works, services and accrued employee bene-fits, taxes, fees, payments, etc. due to the time gap between the date of their actual receipt (accrual) and the date of repayment of obligations to these counterparties. The interpretation of the obligation in accordance with the current regulatory and legal documents is given. The main types of creditor indebts that may arise in the course of economic activity and are reflected in the accounting and reporting of the enterprise are defined. The advantages and disad-vantages of the formation of creditor indebt at the enterprise are substantiated. It was determined that the method of analysis and assessment of creditor indebt is intended to ensure the management of the financial condition of the enter-prise and to identify the stability of its business partners. It was found that liabilities are assessed using the following types of values: historical, current, realizable value, present. Assessment methods are considered: current liabilities - according to the repayment amount, that is, according to the cost of realization, and long-term liabilities - according to the present value. The main components of the information support of creditor indebt management are revealed. The main types of obligations of the enterprise and the order of their reflection in accounting and financial reporting are characterized. Emphasis is placed on the importance of timely and correct contractual registration of the company's obligations. It was determined that for a complete or as accurate analysis of creditor indebt, it is advisable to use sev-eral methods of analysis at the same time: horizontal (trend), vertical, factor, comparative, coefficient. The characteris-tics of indicators used in the process of analyzing creditor indebt are considered. Emphasis is placed on the importance of establishing operational and daily control of creditor indebt using various methods and executors. It was determined that the monitoring of creditor indebt is an important element of credit risk management and maintaining the company's solvency. Measures aimed at improving the management of creditor indebt to ensure the effective management of the company's financial resources are considered.