Model Development to Ensuring the Enterprise Financial Security

Abstract

In modern economic conditions, it is necessary for each organization to create a model of ensuring financial security that would be resistant to financial risks and actively stimulate the socio-economic development of an economic entity. The financial security of an enterprise is a complex, multifaceted concept that depends on many factors that arise both within the enterprise and beyond. That is why the financial security of enterprises is of great importance in ensuring the stability of the national economy and the need for an integrated method to financial security management, taking into account current business trends. The systematization and improvement of methodological to assess the financial security of commercial organizations is relevant and necessary. The article explores ways to assess the financial security of an organization and presents an innovative method that allows, based on the integrated indicator, to monitor changes in the level of financial security in dynamics.