Key Approaches to Evaluating the Level of Financial Security of Enterprise

Journal Title: Бізнес Інформ - Year 2016, Vol 5, Issue

Abstract

The article analyzes and systematizes the basic approaches to evaluating the financial security of entities of entrepreneurial activity. Attention is paid to the importance of determining the level of financial security of enterprise in the current economic conditions. The main approaches to evaluating financial security have been allocated, namely: indicator; resource-functional; aggregate; the approach based on determining the probability of bankruptcy; on the basis of the criterion of «minimum aggregate damage to security»; program-target; method based on the analysis of systems for financial security and evaluation of enterprise value, using the income approach. The main advantages and disadvantages of the above approaches have been analyzed, along with highlighting the problem of adapting them to the peculiarities of the domestic economy, specifics of each individual enterprise, the industry in which enterprise operates, and the factors of external influence. The problem of insufficient research on the methods to evaluating the level of financial security with special emphasis for its micro level has been illuminated.

Authors and Affiliations

Oksana Cheberiako, Magda Kryvovyaz

Keywords

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  • EP ID EP138719
  • DOI -
  • Views 61
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How To Cite

Oksana Cheberiako, Magda Kryvovyaz (2016). Key Approaches to Evaluating the Level of Financial Security of Enterprise. Бізнес Інформ, 5(), 128-133. https://europub.co.uk/articles/-A-138719