FINANCIAL SECURITY: ESSENCE AND PLACE IN THE SYSTEM OF ECONOMIC SECURITY OF THE ENTERPRISE
Currently, the Russian Federation is in a recession stage in its economic development due to the imposition of economic sanctions by the global economic community, as well as restrictions imposed to prevent the spread of COVID-19. These events have led to the emergence of more threats to economic security for each business entity, which determines the relevance of this scientific work. The authors of the article considered issues related to the definition of the essence of the financial security of an economic entity. The review of definitions of economic and financial security presented in the article, made by Russian researchers, confirms the opinion of the authors that the concept of economic security of an economic entity is broader and includes a set of elements, including financial security. From the point of view of the resource approach to the definition of financial security, the similarity of financial security with the concept of financial stability of an economic entity is noted. Among the elements of the economic security of an enterprise, such as information security, intellectual and personnel, technical and technological, political and legal, environmental and power, the most important role, according to many scientists and authors, is played by financial security. However, the process of ensuring financial security is strongly interconnected with other elements of the economic security structure of an economic entity and cannot be considered separately from other components.