MODEL FOR ASSESSING THE RISK OF NON-PAYMENT OF DOUBTFUL ACCOUNTS RECEIVABLE

In a modern market economy, any economic activity is associated with a certain degree of uncertainty and risk. This requires an objective assessment of the financial status, solvency and reliability of its counterparties. The status of accounts receivable and payables, their size and quality have a great influence on the financial condition of economic entities. The need to assess debts, except for cases of judicial and extrajudicial settlement of mutual claims of enterprises, arises when conducting an analysis of the financial condition of the enterprise, with the assignment of claim rights, when assessing the value of business.