ĠLKÖĞRETĠM SINIF ÖĞRETMENLERĠNĠN KÖY ENSTĠTÜLERĠ HAKKINDAKĠ GÖRÜġLERĠNĠN ĠNCELENMESĠ

Abstract

Over the history it was clearly observed how healthcare industry plays an important role not only in the physical and mental state of society but in economic sphere as well. Unlike most other businesses taxation and privileges applied in healthcare industry differ depending on their political, social and economic influences. If we look at the budget of one country we will be able to observe how big proportion of the budget funds fall under healthcare industry sector, and it includes both healthcare implementing (clinics, hospitals, test centres, etc.) and development services (institutions, scientific projects, etc.) If we look at the definitions the term receivables stand for the due funds that should be received by one side for the services and/or products provided to the other side. In accounting it is included in balance sheet and consider all debts owed to the company (contractor company, services and/or products providing side). For company’s managerial level employees, receivables are one of the most important dues of their job and it is reasonably considered as the power that makes company keep going. Despite the size of the company all the company owners/managers observe receivables as their top priority. In this thesis paper the importance of receivables management for a unit of healthcare industry would be shown, by presenting some samples on private clinic located in Baku, Azerbaijan. The experience of accounting team will help to understand the true meaning of receivables, what they depend on, what they control and influence, how it should be managed and how company should react on the changes within the company and the country in order to keep the receivables flow in proper condition. Below we will firstly observe the main aspect of proper receivables management procedure and see them on the examples shown on private clinic model. Besides that, the purpose of this thesis is to show algorithm of steps that should be taken in possible situations that can be met in some healthcare industry unit.