FINANCIAL SECURITY OF THE ENTERPRISE: ESSENCE AND FORMATION OF THE SECURITY SYSTEMJournal: International scientific journal "Internauka." Series: "Economic Sciences" (Vol.2, No. 50)
Publication Date: 2021-06-30
Authors : Varnalii Zakharii; Andrieiev Oleksii;
Page : 95-100
Keywords : financial security; financial risks; development; financial stability;
The article is devoted to the study of the main theoretical and methodological provisions of financial security of the enterprise as one of the most important as one of the most important structural elements of any company. It is determined that the financial security of the enterprise is the financial position of the enterprise, which is characterized by the ability to withstand existing and probable threats, which is achieved by continuous monitoring and analysis of its level, as well as the formation of control and preventive measures. The financial security of the enterprise as the main and mandatory element of economic security seeks to maintain economic stability, increase competitiveness, as well as attract more investment capital. It is determined that the financial security of the enterprise is a complex concept and includes a number of internal structural components that contribute to a broader explanation of the need for its formation and support under any conditions of doing business at the national level. The main goals and objectives of financial security of the enterprise are indicated: ensuring high financial efficiency and stability for the enterprise, ensuring high competitiveness, ensuring high management efficiency, high level of qualification of personnel with intellectual potential, reliable legal protection of all enterprise activity, information security, preservation of commercial secrets and achieving the required level of information support in the company, ensuring security for the company's staff, providing the optimal amount of financial resources needed to expand the company and gain a certain market position, the ability to neutralize or prevent financial crisis and avoid bankruptcy and others. The main financial risks for the enterprise such as structural, inflationary, tax, criminogenic, credit, external internal, etc. are also identified and studied.
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