Improvement of the information base on loans and credits to ensure the improvement of the creditworthiness of the organization

To ensure a smooth process of production and sales, the organization needs sufficient funds. One of the areas of replenishment of funds, in addition to its own funds, are bank loans or loans from other legal entities and individuals. In this regard, there are debt obligations of the organization, which are determined by the credit and loan agreements. The article is devoted to the study of the influence of debt obligations on the creditworthiness of a commercial organization. The creditworthiness of an organization is determined by the quality of debt capital management, i. e., the ability of the organization to return borrowed funds in a timely manner and in full. For qualitative management of debt capital, a necessary condition is a full-fledged information base created on the basis of accounting. The article substantiates the need to improve the information reflection of debt obligations in accounting and reporting. Considered the main opportunities to improve the creditworthiness of the firm, based on the introduction of additions to the basic structure of the accounting accounts, as well as explanations to the accounting statements on the terms of service of short-term annuity loans and on the movement of shortterm annuity loans. The proposed recommendations will contribute to improving the information in making management decisions by the users of reports on the conditions and status of loans, which will significantly improve the creditworthiness of the organization.

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