INTERNATIONAL SCIENTIFIC-PRACTICAL CONFERENCE
«ACTUAL ISSUES OF THE DEVELOPMENT OF THE SOCIAL SECTOR OF THE
ECONOMY: DOMESTIC AND FOREIGN EXPERIENCE»
ANDIJAN, UZBEKISTAN, MAY 2020
250
«Иқтисодиётнинг ижтимоий секторини ривожлантиришнинг долзарб масалалари: миллий ва хорижий тажриба»
«Актуальные вопросы развития социального сектора экономики: отечественный и зарубежный опыт»
5. The threat of unsustainable development of the enterprise as a result of non-
compliance with the “golden rule of the economy”: Profit growth rate> Sales growth
rate> Asset growth rate> 100%, controlled by comparing the relationship between
profit growth, revenue and assets;
6. The threat of increasing debt due to a slowdown in the collection of
receivables, tracked by its turnover ratio;
7. The threat of using an ineffective credit policy in terms of accounts
receivable and payable when existing overdue obligations of buyers entail an increase
in the company's debts to creditors. This threat is identified using the ratio of turnover
of accounts payable and receivable. [8]
The threat of insolvency of the enterprise - is reflected in the indicator of cash
sufficiency. This indicator was used instead of the current solvency ratio generally
recognized in the foreign financial analysis as the most effective in ensuring financial
security;
1. The threat of a reduction in the profitability and market value of the enterprise
- opens when determining the indicator of the weighted average cost of capital in
comparison with the profitability of the assets of the enterprise;
2. The threat of destruction of the value of the enterprise - is monitored by the
indicator of economic value added.
The development of methods for assessing the financial security of an enterprise
has an important methodological significance associated with the need for information
on its financial stability. This information is necessary not only for managers of the
enterprise, its owners, but also for investors and creditors. The question of methods for
assessing the financial security of an enterprise is debatable. This primarily concerns
the selection of criteria for assessing the financial security of the enterprise, the system
of indicators (indicators) that characterize it, and the methodological approaches to
determining the level of financial security.
The most common according to Blazhevich O.G. is an indicator approach,
which consists in the selection of certain indicators characterizing financial security,
and in comparing their actual values with threshold ones. In the process of assessing
the financial security of the enterprise, first of all, it is necessary to form a system of
indicators (indicators) that allow for its diagnosis.[6]
When choosing indicators, one should proceed from the fact that for such
indicators critical and normal values can be calculated. As threshold (critical) values
of indicators of financial security, scientists understand their limit values, non-
observance of which leads to the formation of negative trends (threats) in the field of
financial security, and therefore, imbalances in the economic activity of the enterprise
and a violation of its development as a whole.
The highest degree of security is achieved provided that the entire set of
indicators is within the acceptable boundaries of their threshold values, and the
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