Model Development to Ensuring the Enterprise Financial Security
Alexandr Agibalov1, Lyudmila Zaporozhtseva2, Victoria Malitskaya3, Maria Chirkova4, Natalia Gorlova5
1Alexandr Agibalov*, Department of Finance and Credit, Voronezh State Agrarian University named after Emperor Peter the Great, Voronezh, Russia.
2Lyudmila Zaporozhtseva, Department of Finance and Credit, Voronezh State Agrarian University named after Emperor Peter the Great, Voronezh, Russia.
3Victoria Malitskaya, Accounting and Taxation Department, Plekhanov Russian University of Economics, Moscow, Russia.
4Maria Chirkova, Accounting and Audit Department, Voronezh State Agrarian University named after Emperor Peter the Great, Voronezh, Russia.
5Natalia Gorlova, Accounting and Audit Department, Voronezh State Agrarian University named after Emperor Peter the Great, Voronezh, Russia.
Manuscript received on November 17., 2019. | Revised Manuscript received on November 24 2019. | Manuscript published on 30 November, 2019. | PP: 12196-12199 | Volume-8 Issue-4, November 2019. | Retrieval Number: D8999118419/2019©BEIESP | DOI: 10.35940/ijrte.D8999.118419
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: In modern economic conditions, it is necessary for each organization to create a model of ensuring financial security that would be resistant to financial risks and actively stimulate the socio-economic development of an economic entity. The financial security of an enterprise is a complex, multifaceted concept that depends on many factors that arise both within the enterprise and beyond. That is why the financial security of enterprises is of great importance in ensuring the stability of the national economy and the need for an integrated method to financial security management, taking into account current business trends. The systematization and improvement of methodological to assess the financial security of commercial organizations is relevant and necessary. The article explores ways to assess the financial security of an organization and presents an innovative method that allows, based on the integrated indicator, to monitor changes in the level of financial security in dynamics.
Keywords: Financial Security, Commercial Organization, Evaluation, Modern Approach.
Scope of the Article: Residential, Commercial, Industrial and Public Works.