Russian and foreign approaches to determining the financial security of enterprises

Abstract

In the article, the authors analyze Russian and foreign scientific literature dealing with financial security in solving the problems of ensuring the economic security of an enterprise. The aim of the study is to compare Russian and foreign approaches to assessing financial security as one of the components of the economic security of an enterprise. Research methods: information search; systematization; logical, system and content analysis. The authors come to the conclusion, that in foreign scientific literature, “financial security” is understood as “financial stability”, and such a term as “financial management” is also used. At the same time, the indicators used by foreign researchers to assess the financial condition of an enterprise do not differ significantly from those used by Russian scientists, because in fact indicators of both financial security and financial stability are built upon indicators of economic analysis.