Assessment of Liquidity Ratios as Indicators of an Organization's Economic Security: Accounting Aspects

摘要

The paper provides an overview of the organization's indicators of economic security proposed by various researchers, as well as evaluates the impact of the accounting policies of an economic entity and the professional judgment of an accountant on the formation of key indicators of an enterprise's economic security - liquidity ratios. The main theses in relation to the formation of balance sheet items used to calculate liquidity ratios have been disclosed, and the problems in relation to the formation of a number of papers have been identified, taking into account the norms of the current accounting legislation and the prevailing practice in Russia in the formation of financial statements. The considered features of calculating financial reporting indicators, included in the calculation of liquidity ratios, justify the n need to consider the variability of the formation of indicators and the inadmissibility of a formalized approach to their assessment. Accordingly, in order to make informed decisions regarding the management of the organization and ensure its economic security, it is necessary to take into account the provisions of the accounting policy, especially the economic activities of the organization and the principles used by the organization for the formation of financial statements.