ECONOMIC ESSENCE OF THE CONCEPT OF “FINANCIAL CAPACITY OF THE ENTERPRISE” AT THE REGIONAL LEVEL AND METHODS OF ITS ASSESSMENT

Abstract

The purpose of this article is to further develop the financial theory of the region, which is related to clarifying the essence of the concept of "financial capacity" and its application as a sustainable economic assessment of the regional budget.

The following methods were used in this study: generalization (when clarifying the meaning of the concept of "financial capacity"), grouping (in determining and distributing factors influencing financial capacity), comparative approach (in studying the main approaches to interpreting the essence of the concept of "financial capacity" ); method of synthesis (to determine the essence of the concept of "financial capacity" by combining different approaches to the interpretation of this concept).

As a result of the study, the essence of the concept of "financial capacity" in relation to the regional budget was substantiated and improved. The method of synthesis to determine the essence of the concept of "financial capacity" allowed to distinguish between static security and dynamic security, which allowed to reveal the content of the concept under study. While the comparative approach helps to reveal the shortcomings of the division of the concept of "financial capacity" into these conditions, which is expressed in the inability to assess the degree of liquidity and financial stability, as well as the dynamics of financial performance.