METHODOLOGICAL APPROACHES TO ASSESSING THE FINANCIAL SECURITY OF SMALL AND MEDIUM-SIZED BUSINESSES USING AUDIT EXPERTISE TOOLS

Abstract

Small and medium-sized enterprises are the most capacious system and subsystem of the national and regional economy in terms of the number of economic entities, making a certain contribution to their development. The sustainable nature of development, the high level of competitiveness of entrepreneurship in small and medium-sized organizational and economic forms of management, and the state of its financial security are ensured by adaptive management measures, including control, one of the forms of which is auditing. As part of the audit, it is possible and necessary to assess the financial security of small and medium-sized enterprises, which is relevant due to the insufficient degree of development and use of financial management techniques and methods in this segment of the national economy. At the same time, methodological support for assessing the financial security of small and medium-sized businesses using audit tools needs to develop and substantiate informal methodological approaches that allow the most objective and scientifically sound calculation and measurement (assessment) of the level of financial security, as well as forecasting it within the framework of a strategic audit. The rationale for the expediency of using audit tools in assessing the financial security of small and medium-sized enterprises, as well as the developed methodology based on informal approaches, are presented by the authors as the results of intermediate scientific research in this article.