Management System Interpreting Financial and Economic Security Business in Economic Processes
Oksana І. Vivchar
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Abstract

The existence of an effective financial and economic security system, which will provide the protection of the enterprise from the threats is one of the most important aspect of sustainable business growth providing and formation of positive results of its financial activities in modern conditions of the economic processes imbalance. The protection is conditioned by the ability of enterprise authorities on appropriate levels to provide sustainable business growth of the enterprise, to neutralize the negative impact of the crisis economy, to form an adequate accounting system of financial flows, to strengthen the operational effectiveness of the control system, to provide the protection of information confidentiality which is a trade secret. The purpose of study foundation the conceptual aspects of the financial and economic security, the disclosure of the functioning of the system’s financial and economic security business as well the isolation of the structural elements development strategy in the context of financial and economic security of current economic business processes. Research methods. The main method of research is general scientific methods of cognition phenomena and processes of financial and economic security business as a system of economic categories. Research methodology is based on a systemic approach to the category functioning financial and economic security business. Results. Developed and systematized structural and logical scheme of financial and economic security business, which includes block diagrams regulation: progressive cost management company; budgeting; cash management; diagnosis of the enterprise; management of working capital; application of international standards to ensure safety; tax planning and so on. Practical value. The use of structural and logical scheme of the system financial and economic security business different business structures provides an opportunity to assess the prospects of business, develop its tactics and strategies to reduce the effects of financial crisis and the negative impact of new threats and dangers.

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This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

Article Type: Research Article

INT ELECT J MATH ED, 2016, Volume 11, Issue 4, 947-959

Publication date: 20 Jul 2016

Article Views: 2777

Article Downloads: 6046

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