Accounts receivables as a part of the assets. Definition of accounts receivables. Account receivables are the right of the creditor to obtain a particular cash also as a kind by the debtor. In the company accounts receivables can be recognized in the balance sheet as active items of the current assets, where they act as in the transitory stage of the funding cycle. Account receivables can be simultaneously distinguished in economic, accountancy and legal term. Receivables from an economic standpoint, the claim of the accounting point of view, the claim from the legal point of view. Formation and breakdown of claims -formation of accounts receivables as a cause of various reasons. Basic breakdown of receivables arising from its inception, from the time of maturity breakdown of claims by financial analytical records, tax debts. Valuation of account receivables in accounting - pricing methods and the cost, at face value, fair value, the use of international accounting standards in valuing assets.