Abstract
In the article the main approaches to the estimation of the level of financial security of the companies (on the basis of the component of economic security, indicated, financially-oriented, resource-functional, minimizing-criterial, integral, on the basis of determining the probability of bankruptcy) are analyzed, summarized and detailed of the specifics of its level calculations according to the data of financial coefficients. The main indicators of the financial condition of the enterprises, for which normative values are established in accordance with official domestic methods are given. The leading methods of systems of financial security analysis of the enterprise are investigated, the advantages and disadvantages of their practical application for domestic enterprises are mentioned. The experience of the integrated estimation of the financial state according to the financial coefficients is described, on the basis of which the method of calculating the volatility of prices as a measure of the degree of financial risk is proposed. The suggestions of applied value for the use of general scientific methods of cognition are given. it is established that the analyzed methods and methods of protection will enable the management of the enterprise to choose the most suitable for them and economically justified in a particular situation model.
Highlights
In the context of the aggravation of the economic crisis, which set the limit of survival of a number of domestic enterprises, that until recently were considered successful and stable functioning, the issue of financial security has become very urgent
Adoption of timely and rational management decisions in the aspect of providing financial security of enterprises requires solving a number of issues related to taking into account the current trends of establishing and expanding the strategic interaction of enterprises with the entities of the environment to ensure the realization of their own strategic objectives
The current state of Ukraine’s economy once again confirms the fact that the application of known methods is the result of the development of scientists in a stable market economy, which is unacceptable for Ukraine in the post-revolutionary period, and taking into account the shortcomings of domestic mass statistics, the use of these techniques becomes virtually impossible
Summary
In the context of the aggravation of the economic crisis, which set the limit of survival of a number of domestic enterprises, that until recently were considered successful and stable functioning, the issue of financial security has become very urgent. Adoption of timely and rational management decisions in the aspect of providing financial security of enterprises requires solving a number of issues related to taking into account the current trends of establishing and expanding the strategic interaction of enterprises with the entities of the environment to ensure the realization of their own strategic objectives. The issue of assessing the level of financial security, taking into account various aspects and activities of enterprises, is devoted to scientific publications of well-known domestic scientists such as: I.O. Blank [1, 2], O.I. Baranovsky [3], V.O Tkach [4], T.G. Vasiltsev [5], O.S. Vlasik [6], O.V. Hryvkivska [7], M.M Yermoshenko [8], N.O. Shpak [9] and others. The current intensive changes in the economy of our country compel a search for new and improved existing methods of assessing the level of financial security of enterprises, because the instability of economic and political processes in the country, as a rule, adversely affect the state of financial security, and timely diagnosis and rational decision making on its basis is the precondition of the stability of existence
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