ACCOUNTING AND INNER CONTROL OF DEBTORS’ LIABILITIES WHILE CARRYING OUT FACTORING OPERATIONS
The article is devoted to considering the economic essence of factoring operations. Available definitions
and concepts of “factoring” are systematized and specified. Various methods of estimating factoring
operations are shown. Accounting principles are specified and on their basis the technique of the administrative
account of factoring operations at the supplier is offered. The influence of factoring on the
formation of authentic and helpful information in the accounting reporting of a company is analyzed. The
ways of reflecting and disclosing the information about factoring operations in the administrative reporting
of a company are determined.