Abstract: With the further de velopment of China' s market economy,credit sales represented by an account sale has been growing rapidly to enforce management over receivables and to prevent credit risk and loss from bad debts has been a serious issue confronting numerou s enterprises.By analyzing such issues,the authors demonstrate the status and ca uses of the current credit risk the enterprises have.With the reference of the n ational situation in this field,the paper discusses issues about management and control over credit risk under the new circumstance.