%0 Journal Article
%T Economic Security of the Organisation: Financial Component Management
%A Smelik, Roman
%J Financial Law Review
%V 2020
%R 10.4467/22996834FLR.20.008.12430
%N Issue 18 (2)/ 2020
%P 32-47
%K economic security, financial security, inventory, reporting; financial security indicators
%D 2020
%U https://ejournals.eu/en/journal/financial-law-review/article/economic-security-of-the-organisation-financial-component-management
%X This contribution deals with the financial component that is a key structural element in the system of economic security. The aim of this article is to identify the counterparties of the external environment and certain elements of the internal environment as the main directions in ensuring the financial security of an enterprise. The extraction of the external partners is aimed at identifying potential threats in the financial sphere from the unfair actions of contractors, customers, resource suppliers, buyers of finished products. The work on financial security within the enterprise itself is aimed at determining and systematically monitoring of the level of financial stability, financial independence and solvency of the enterprise itself. Both areas of this work should be carried out in an integrated and systematic manner. In the process of achieving the aim several popular and formal scientific methods were used, such as a dialectical method of knowledge, as well as the logical, systemic, historical and formally legal method. Accordingly, there are also the main stages of financial security work: the document phase; the property management phase; the reporting phase; the phase of monitoring of indicators. The essence and content of each of these phases are described in the article.