FINANCIAL FIRMNESS OF ENTERPRISE AND WAYS OF ITS STRENGTHENINGJournal: International Scientific Journal "Internauka" (Vol.1, No. 58)
Publication Date: 2018-10-31
Authors : Belyalov Taliat; Skochko Zhanna;
Page : 9-14
Keywords : stability; purpose; finances; principles; financial independence; solvency; liquidity;
Essence and necessity of management financial stability of enterprise is certain. The financial stability of an enterprise is a more generalized characteristic of the financial condition of an enterprise; to a certain extent it includes liquidity and solvency indicators. At the same time, there is a system of criteria for assessing financial stability, which enterprises use to assess the reliability of partners in business relations. Analysis of financial stability on a certain date allows you to determine how efficiently the company manages its own and borrowed funds during the period preceding this date. It is important that the state of the sources of own and borrowed funds correspond to the strategic goals of enterprise development, since insufficient financial stability can lead to its insolvency, that is, lack of funds necessary for settlements with internal and external partners, as well as the state. The mechanism of management financial stability of enterprise is built taking into account the modern terms of menage. Description of constituents of the built mechanism of management financial stability is carried out with determination of basic criteria of his efficiency.
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