Indicators Of Financial Security Of Small And Medium Enterprises
DOI:
https://doi.org/10.36097/rsan.v0i34.1166Keywords:
financial stability, financial security of the enterprise, financial security indicatorsAbstract
Currently, the task of ensuring the economic security of small and medium-sized businesses is acquiring great importance for Russia. Therefore, economic security and its most important component - financial security - continues to be investigated by the authors as a multidimensional, interdisciplinary category. This article reveals the importance of the financial security of an enterprise. At the same time, the authors consider the financial stability of small and medium-sized enterprises as an integral part of the economic security of an economic entity. The development and functioning of the financial security system should be carried out in accordance with the legislative framework of the Russian Federation in the field of business, informatization and information protection, private security activities and other safety regulations. The article discusses the methodology for monitoring the financial security of an enterprise in the form of several stages. The objects of financial security control are determined, which may be: assets (property), information, personnel, information resources (databases) and the company's reputation. It is indicated that the financial security control centres of the company can be such significant management and external control subsystems as the human resources department, top management, internal control or internal audit service, external controllers represented by audit organizations, representatives of counterparties, tax authorities, and international organizations. To reduce the financial security risks for the selected control centers, the authors suggest using certain recommendations. As a result, the company’s financial security indicators are systematized, distributed among control centres. It is specified that the express analysis of the financial security of the enterprise must be carried out on the basis of financial and managerial accounting. The organization and functioning of the internal financial security control system should be based on the principles of comprehensiveness, timeliness, continuity, legality and accounting for the industry specialization of the business.
Downloads
References
Aetdinova, r., & nikolaeva, a. (2017). Identification of risks of higher education institutions. National academy of managerial staff of culture and arts herald, (2), 214-218.
Agara, t. (2017). The role of woman in terrorism and investigation of gendering terrorism. Journal of humanities insights, 01(02), 46-56.
Chernikova, l., faizova, g., kozhevnikova, n., aglieva, v., & safargaliev, e. (2015). Role of state in formation and development of tourist cluster. European research studies, 18(3), 211.
De almeida cruz, j. J., & de azevedo silva, k. K. (2017). Relational algebra teaching support tool. Journal of information systems engineering & management, 2(2), 8. Https://doi.org/10.20897/jisem.201708
Graeber, d. (2014). Debt - updated and expanded: thefirst 5,000 years. 560 p.
Grigoryeva, e. A. (2015). Institutional support for the modernization of the economy as a condition of economic security: monograph. M.: src infra-m, 155 p.
Heilbroner, r. L. (2011). The worldly philosophers: the lives, times and ideas of the great economic thinkers. Simon and schuster.
Kravchuk, v.a., & ushakov, v. V. (2017). The main approaches to enterprise security and the place of financial security in it. Innovative technologies in science and education, 2(6), 369-373.
Marc, i. (2018). Steinberg. Understanding securities law (carolina academic press understanding). 552 p.
Oveisi, k., esmaeilimotlagh, m., alizadeh, f., & asadollahi kheirabadi, m. (2018a). An investigation on coping skills training effects on mental health status of university students. Journal of humanities insights, 02(01), 37-42.
Oveisi, k., esmaeilimotlagh, m., alizadeh, f., & asadollahi kheirabadi, m. (2018b). To study the prevalence of post-traumatic stress disorder and its comorbidity with personality disorders among veterans of tehran. Journal of humanities, 02(01), 06-13.
Penman, s. H., & penman, s. H. (2007). Financial statement analysis and security valuation (vol. 3). New york: mcgraw-hill.
Peter, l. (1998). Bernstein. Against the gods: the remarkable story of risk. 400 p.
Safargaliev, e. R., & komarova, y. (2013). Management of socio-economic components of branding in the company. Middle-east journal of scientific research, 17(3), 296-299.
Safargaliev, e. R., & kozhevnikova, n. V. (2018). Indicators of financial security of the enterprise. Science of krasnoyarsk, 7(1-2), 104–113.
Sazesh, a., & siadat, s. A. (2018). The relationship between quantum management and organizational agility in the ministry of roads and urban development of golestan province, iran. Dutch journal of finance and management, 2(2), 51. Https://doi.org/10.29333/djfm/5827
Zagarskih, v. V. (2015). Ensuring the economic security of the enterprise. Regional economics: theory and practice. 45(420), 38-49.
Zaporozhtseva., l. A. & ryabykh, m. E. (2013). Development of a strategy for ensuring financial security. Fundamental research, 11, 1637-1642.
Zotova, e. V. (2017). Financial security - the basis for the functioning of an economic entity. In the collection: modern studies of the main directions of the humanities and natural sciences. Materials of the all-russian scientific-practical conference. 373-375.
