EFFECTS OF ACCOUNTS RECEIVABLES IN PRINTING INDUSTRIES IN KENYA

Abstract

Accounts receivable constitute a significant portion of current assets in industrial firms. Management therefore have to formulate strategies of effectively managing this important yet sensitive asset. This study was to investigating Effects of Accounts receivables in printing Industries in Kenya the scope been Nairobi Industrial area. The study further wants to determined how internal controls affect Accounts receivables in printing Industries at Nairobi Industrial Area A sample of 50 respondents was selected using stratified random sampling in each of the printing industries there were five strata. The strata were that of key management staff, chief finance officer, finance staff, head of delivery and credit control staff where information was collected using semi structured questionnaire administered to the five respondents in the selected firms to collect both qualitative and quantitative information. Where necessary, personal interviews and documentary analysis ware conducted to enhance validity of information gathered using questionnaires. Data was analysed using descriptive statistics where measures of central tendency and measures of dispersion were computed to give results. Charts, tables and graphs were used to report findings. The study findings that internal controls procedures that had been approved by management in the management of accounts receivables. The study concluded that strong internal controls measures in accounts receivables need to have a strong management strategy and employees in place.