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International Accounting
 

Accounting and analytical provision of credit risk management of agricultural holdings in terms of global crisis management

Vol. 20, Iss. 7, APRIL 2017

PDF  Article PDF Version

Received: 26 December 2016

Received in revised form: 12 January 2017

Accepted: 26 January 2017

Available online: 14 April 2017

Subject Heading: Managerial accounting

JEL Classification: G32, M41, Q10

Pages: 397-412

https://doi.org/10.24891/ia.20.7.397

Glushchenko A.V. Volgograd State University, Volgograd, Russian Federation
aleksa-gl@yandex.ru

Kucherova E.P. Volgograd State University, Volgograd, Russian Federation
audit415@yandex.ru

Importance The article discusses the issues of improvement of the system of global crisis management, contributing to an adequate response to the crisis and based on innovative approaches and the use of modern accounting and analytical methods and tools.
Objectives The article aims to develop a methodology for credit risk reduction in the activities of integrated agrarian firms in global crisis management.
Methods For the study, we used methods of analysis and synthesis, comparison, modeling, systems and comprehensive approaches.
Results We have developed a methodology for credit risk reduction for integrated agricultural enterprises and a procedure of formation of the information on the profitability of the agricultural holding's interaction with external buyers based on segment ranking of buyers according to the ABC analysis results. We offer our own functional calculation algorithm of trade costs and a phase-in mechanism of complex procedures to reduce the credit risk in agricultural activities. To form the accounting and analytical information on the profitability of the agricultural holding's interaction with external buyers, we have developed forms of accounting registers and segmental reporting.
Conclusions and Relevance The paper concludes that the proposed methodology for credit risk reduction for integrated agrarian enterprises helps generate and use the accounting and analytical information of ABC analysis for modeling anti-crisis strategy interaction of agricultural enterprises with groups of buyers. The results of the study can be applied both in theory and practice, to reduce credit risk in agrarian enterprises' activities.

Keywords: credit risk, ABC analysis, agricultural holding

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