ORGANIZATIONAL AND METHODICAL PROVISION OF THE FINANCIAL AND ECONOMIC SECURITY MANAGEMENT OF THE ENTERPRISE

Abstract

The article proposes organizational and methodical provision of financial and economic security management of the enterprise and develops a methodical approach to assessing the level of FES management. The views of various authors on the definitions «economic security» and «financial security» are summarized, and the author’s vision of «financial and economic security» is provided, which should be understand as a complex system with a specific set of characteristics, aimed at ensuring the effective use of all types of resources: material, financial, labor, etc., and the prevention of internal and external threats. The basic principles of financial and economic security management of economic entities are outlined. The description of two blocks of organizational and methodical provision of the enterprise’s FES is provided: organizational block and methodical block. Existing methodical approaches to assessing the level of financial and economic security of business entities are considered. It is concluded that the most appropriate is to use the methodical approach proposed by the authors, which is aimed to improve the differential approach to assessing the level of management of financial and economic security of enterprises. The essence of the method is to improve the detection of the significance degree of partial integral indicators. As a result of the conducted research, the general scheme of organizational and methodical support of financial and economic security management of the enterprise was proposed. That scheme, based on the various factors analysis that determine the state of the enterprise and tendencies of its development, demonstrates the necessary set of measures for raising the level of the enterprise’s FES. It is concluded that the proposed methodical approach to assessing the level of the enterprise’s FES management enables to get rid of subjective factors and to determine the aggregate value of all indicators of functional criteria of financial and economic security of economic entities.

Keywords

• financial and economic security
• enterprise organizational and methodical provision
• management