Abstract
The article proposes a methodology for assessing the sufficiency of financial resources in an emergency. The purpose of the study is to develop a methodology based on the method of simulation modeling to assess the sufficiency of resources and the sustainability of an agricultural enterprise in the event of an emergency. This set of methods for assessing the availability of enterprise financial resources for overcoming emergencies was implemented using algorithms for simulation of enterprise financial flows and their assessment in the program for investment calculations Project Expert 7.19. The program allows you to build simulation models of an enterprise, regardless of their industry and specificity. With the help of this software complex, it is possible not only to build a simulation model of an enterprise, but also to carry out its statistical evaluation. Together with the proposed method of detailing the initial data of annual financial and economic documents, this set of methods is a powerful tool for building and evaluating simulation models of agricultural and other enterprises, taking into account fluctuations in cash flow values during the year. Thus, the accuracy of the estimates obtained is significantly increased in comparison with methods based on the analysis of relative indicators or coefficients.
Highlights
Modern economic conditions, characterized by the transition from a planned economy to a market economy, have led to the shifting of concern for the material well-being of the population and economic entities in the private owners responsibility sphere [1-4]
The methodological approach to assessing the availability of financial resources for agricultural enterprises consists in synthesizing the simulation modeling method of the enterprise's activities and assessing its financial stability using the Monte Carlo statistical test method
Assessment of the financial resources availability for agricultural enterprises is based on the scheme and includes the following stages:
Summary
Modern economic conditions, characterized by the transition from a planned economy to a market economy, have led to the shifting of concern for the material well-being of the population and economic entities in the private owners responsibility sphere [1-4]. Due to the high riskiness of production activities in the national economy all sectors, and the increased frequency of emergencies, as evidenced by statistics, a timely response of enterprises to the prevailing conditions is necessary [5-11]. The costs of eliminating the natural emergencies consequences involve the financial resources and material resources reserves creation [19-23]. The creation of any financial and material reserves entails a decrease in economic efficiency and financial stability, the determination of a rational volume that can ensure overcoming emergency situations is an urgent task [24-27]
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