ACCOUNTING AND ANALYTICAL SUPPORT FOR ASSESSING THE LEVEL OF ECONOMIC SECURITY OF THE ENTERPRISE

Authors

  • V. Kraievskyi University of the State Fiscal Service of Ukraine
  • L. Tytenko University of the State Fiscal Service of Ukraine
  • T. Paianok University of the State Fiscal Service of Ukraine
  • S. Bohdan University of the State Fiscal Service of Ukraine
  • V. Hmyrya Cherkasy State Business College

DOI:

https://doi.org/10.18371/fcaptp.v4i35.221801

Keywords:

security, economic security of the enterprise, components of economic security of the enterprise, accounting and analytical support, indicators of economic security of the enterprise

Abstract

The article investigates the theoretical, methodological and applied aspects of accounting and analytical support for assessing the state and level of economic security of the enterprise. It is hypothesized that the economic security of the enterprise is a capacious, complex concept. In general, it can be defined as the absence of various dangers and threats, or the ability to prevent them, protect their interests and prevent losses below the critical limit. In the context of this, the main purpose of enterprise management is a timely assessment of the state and level of economic security and making informed management decisions to improve it. This requires the availability of adequate and relevant information, which is formed in the accounting and analytical system of the enterprise. The components of accounting and analytical information as a basis of accounting and analytical system of economic security of the enterprise are systematized. The directions and tasks of the analyst’s activity on financial and economic security of the enterprise are singled out. It is substantiated that diagnostics is a tool for assessing the state and level of economic security of the enterprise. The directions, types and kinds of diagnostics from the point of view of an estimation of a condition and level of economic safety of the enterprise are considered. On the example of the largest in the south-eastern part of Europe, the manufacturer and supplier of steel electric welding pipes PJSC «Interpipe Novomoskovsk Pipe Plant» calculated and interpreted the indicators for each component of economic security. Based on the results of calculations, the level of economic security of the researched enterprise is determined and the influence of separate components on its value is estimated for the purpose of acceptance of administrative decisions and application of the preventive measures directed on increase of level of economic safety of the enterprise.

Author Biographies

V. Kraievskyi, University of the State Fiscal Service of Ukraine

Doctor of Economics, Associate Professor, Head of the Educational and Scientific Institute of Accounting, Analysis and Audit

L. Tytenko, University of the State Fiscal Service of Ukraine

Ph. D. in Economics, Associate Professor, Associate Professor of the Department of Management Accounting, Business Analytics and Statistics

T. Paianok, University of the State Fiscal Service of Ukraine

Ph. D. in Economics, Associate Professor, Head of the Department of Management Accounting, Business Analytics and Statistics

S. Bohdan, University of the State Fiscal Service of Ukraine

Assistant of the Department of Management Accounting, Business Analytics and Statistics

V. Hmyrya, Cherkasy State Business College

Ph. D. in Economics, Associate Professor, Associate Professor of the Department of Economics, Entrepreneurship and Marketing

References

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Published

2020-12-24

Issue

Section

The topical questions about the development of finance, account and audit