Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
982803 | Procedia Economics and Finance | 2015 | 19 Pages |
Financial security of enterprises is one of major components of the national security of any country, because the enterprises are tax payers, which are forming the revenue side of the budget and creating workplaces. Level of wages, purchasing power of the population, unemployment rate and gross domestic product depends on their financial condition. In addition, companies provide the population with goods, including basic necessities. Therefore, we need to control the financial condition of enterprises constantly to avoid the financial crisis and the subsequent bankruptcy. It is necessary to know the methods and metrics of assessment, the factors that affect financial security and the levels of financial security to conduct financial security assessment.