Methodical imperatives of assessing the financial security of business entities

The author describes the views of different scientists on the approaches of enterprise financial security level estimation. It is detected that majority of scientist-economists assess financial security with the integral index. Deficiencies of this method are: characteristic of the enterprise activity in a whole without accounting for certain aspects of its activity; use of weighting factors; subjectivity and complexity of their calculations; the absence of a single criterion for choosing the coefficients on the basis of which it is necessary to calculate the integral index. At the same time, the method of using the integral indicator has the following advantages: reduction of all characteristics of the enterprise activity in a single indicator, flexibility of calculations. In the article, also, author makes a critical analysis of the approaches to assessing the level of financial security with the help of the other groups of methods, namely, integral scoring, clustering, fuzzy-set methods, and others. The author suggests theoretical recommendations for the improvement of determining the level of financial security.