id: 30855
Title: Theoretical and methodological fundamentals of integral assessment of financial sustainability of the enterprise
Authors: Shevchuk O., Shevchuk Ol.
Keywords: financial stability, financial condition, agricultural enterprise
Date of publication: 2022-04-22 20:55:39
Last changes: 2022-04-22 20:55:39
Year of publication: 2022
Summary: The urgency of improving the financial security of Ukrainian enterprises in the current unstable economic conditions of their operation is one of the most important tasks of both the state and the business entities themselves. The search for opportunities to strengthen the financial situation should be facilitated by a systematic and objective analysis of the activities of any enterprise, the results of which allow you to respond quickly to changes in external and internal business environment, make sound management decisions on financial regulation. The paper conducts a thorough study of existing theoretical and methodological approaches to determining the financial stability of the enterprise. It is proved that in determining the financial stability of the enterprise it is impossible to ignore social and environmental factors, so the definition of financial stability should cover all factors that shape it and the results of financially stable enterprise. The author`s vision of the essence of the category "financial stability of the enterprise" was formed taking into account the above factors. It is established that the financial stability of the enterprise plays an important role in ensuring expanded reproduction and profitability in the future. This is a complex category that studies the resource potential of the enterprise, its financial condition, dependence on the influence of internal and external factors and the ability to ensure effective operation while maintaining solvency. Financial stability is a key guideline in business planning, the introduction of innovative technologies in the enterprise, in general, its indicators reflect the level of risk of operation. Financial stability is a key guideline in business planning, the introduction of innovative technologies in the enterprise, in general, its indicators reflect the level of risk of operation. The main factors that determine the financial stability of the enterprise and risk management of its loss are considered. The existing approaches to the methodology of diagnostics, assessment and forecasting of financial stability of the enterprise are given. It is proved that the assessment of the financial stability of an agricultural enterprise should be generalized, integrated and give an unambiguous answer about the level of financial stability of the enterprise. It must accumulate all the main aspects of the operation of the enterprise, ie take into account the importance of the most important indicators of financial and economic activities of economic entities. It is emphasized that the integrated method of assessment is the most objective for such an analysis, as it allows you to quantify and evaluate the relationship between the main factors and predict their level in the future. The study of existing models of assessment of financial stability of Ukrainian enterprises, indicated their disadvantages. Modern approaches to assessing the risk of bankruptcy using discriminant models are analyzed. The essence of the national model for assessing the financial condition of the beneficiary, its advantages and disadvantages are considered. The analysis of various methods of calculation of integrated indicators of the level of financial stability proposed by Ukrainian scientists is carried out. The urgency of the issue of developing a modern factor model of the integrated indicator, which needs to be improved and adapted to modern conditions of functioning of Ukrainian enterprises of the agricultural sector, is proved.
URI: http://repository.vsau.org/repository/getfile.php/30855.pdf
Publication type: Монографії видані за кордоном
Publication: Scientifc monograph. Riga, Latvia: Baltija Publishing, 2022. P. 440-467.
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Published by: Адміністратор
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