Improving the Methodology for Assessing the Level of Financial Security of Agricultural companies
The paper is devoted to the study of approaches to assessing the financial security level of agricultural companies and their improvement. The methodological base of the research is a modern concept of financial security and enterprise sustainability. The methods review for assessing financial secur...
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| Main Authors: | , , |
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| Format: | Article |
| Language: | Russian |
| Published: |
Government of Russian Federation, Financial University
2020-05-01
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| Series: | Учёт. Анализ. Аудит |
| Subjects: | |
| Online Access: | https://accounting.fa.ru/jour/article/view/308 |
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| _version_ | 1839583342294466560 |
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| author | I. D. Anikina E. P. Kucherovа E. S. Karevа |
| author_facet | I. D. Anikina E. P. Kucherovа E. S. Karevа |
| author_sort | I. D. Anikina |
| collection | DOAJ |
| description | The paper is devoted to the study of approaches to assessing the financial security level of agricultural companies and their improvement. The methodological base of the research is a modern concept of financial security and enterprise sustainability. The methods review for assessing financial security is carried out, also industry characteristics of enterprises are studied. The result of the work is the development of a methodology for assessing the financial security level of organizations. Such methodology’s topicality is represented in the additive model, which includes four integral indicators: profitability, financial sustainability, solvency and business activity. The total of all integral indicators, taking into account the coefficients, is the final rate of an organization’s financial security. The authors distinguish three financial security levels, which are: critical, medium and high. The minimal coefficients, suggested by the legislation and minimal indicators adjusted according to the agricultural enterprises’ specificity have been given to calculate the critical level. The medium level is determined by the calculation of the agricultural producers’ financial security industry average over the last 5 years. The high financial security group includes the enterprises with the indicators exceeding the medium indicators. The theoretical and practical significance of the study lies in the fact that the proposed methodology makes it possible to assess the level of financial security of agricultural enterprises taking into account the industry specifics of their activities, including for further competitive analysis. |
| format | Article |
| id | doaj-art-eb15ece8a4ee4d6598a48dfda20b8ed9 |
| institution | Matheson Library |
| issn | 2408-9303 2619-130X |
| language | Russian |
| publishDate | 2020-05-01 |
| publisher | Government of Russian Federation, Financial University |
| record_format | Article |
| series | Учёт. Анализ. Аудит |
| spelling | doaj-art-eb15ece8a4ee4d6598a48dfda20b8ed92025-08-03T19:56:00ZrusGovernment of Russian Federation, Financial UniversityУчёт. Анализ. Аудит2408-93032619-130X2020-05-0172404710.26794/2408-9303-2020-7-2-40-47299Improving the Methodology for Assessing the Level of Financial Security of Agricultural companiesI. D. Anikina0E. P. Kucherovа1E. S. Karevа2Volgograd State UniversityVolgograd State UniversityVolgograd State UniversityThe paper is devoted to the study of approaches to assessing the financial security level of agricultural companies and their improvement. The methodological base of the research is a modern concept of financial security and enterprise sustainability. The methods review for assessing financial security is carried out, also industry characteristics of enterprises are studied. The result of the work is the development of a methodology for assessing the financial security level of organizations. Such methodology’s topicality is represented in the additive model, which includes four integral indicators: profitability, financial sustainability, solvency and business activity. The total of all integral indicators, taking into account the coefficients, is the final rate of an organization’s financial security. The authors distinguish three financial security levels, which are: critical, medium and high. The minimal coefficients, suggested by the legislation and minimal indicators adjusted according to the agricultural enterprises’ specificity have been given to calculate the critical level. The medium level is determined by the calculation of the agricultural producers’ financial security industry average over the last 5 years. The high financial security group includes the enterprises with the indicators exceeding the medium indicators. The theoretical and practical significance of the study lies in the fact that the proposed methodology makes it possible to assess the level of financial security of agricultural enterprises taking into account the industry specifics of their activities, including for further competitive analysis.https://accounting.fa.ru/jour/article/view/308financial securityfinancial sustainabilityfinancial sustainability coefficients normsfinancial security level |
| spellingShingle | I. D. Anikina E. P. Kucherovа E. S. Karevа Improving the Methodology for Assessing the Level of Financial Security of Agricultural companies Учёт. Анализ. Аудит financial security financial sustainability financial sustainability coefficients norms financial security level |
| title | Improving the Methodology for Assessing the Level of Financial Security of Agricultural companies |
| title_full | Improving the Methodology for Assessing the Level of Financial Security of Agricultural companies |
| title_fullStr | Improving the Methodology for Assessing the Level of Financial Security of Agricultural companies |
| title_full_unstemmed | Improving the Methodology for Assessing the Level of Financial Security of Agricultural companies |
| title_short | Improving the Methodology for Assessing the Level of Financial Security of Agricultural companies |
| title_sort | improving the methodology for assessing the level of financial security of agricultural companies |
| topic | financial security financial sustainability financial sustainability coefficients norms financial security level |
| url | https://accounting.fa.ru/jour/article/view/308 |
| work_keys_str_mv | AT idanikina improvingthemethodologyforassessingtheleveloffinancialsecurityofagriculturalcompanies AT epkucherova improvingthemethodologyforassessingtheleveloffinancialsecurityofagriculturalcompanies AT eskareva improvingthemethodologyforassessingtheleveloffinancialsecurityofagriculturalcompanies |