Key points are not available for this paper at this time.
Subject. This article analyzes the interdependence between emerging external and internal risks and the performance of any company. Objectives. The article aims to develop and propose recommendations for accounting for income generation risks to improve the financial security of the business entity. Methods. For the study, we used the methods of systems, comparative, structural, statistical, and logical analyses. Results. Based on an analysis of the risk management system and financial risks, the impact of which is reflected on the company's performance, the article proposes an algorithm for analyzing financial risks based on information on fixed financial costs for reporting periods and the indicators necessary for this, and certain recommendations for accounting for income generation risks to improve the financial security of the business entity. Conclusions. A digital risk assessment focused on the company's profitability helps provide assessing in a more effective, comprehensive and quantitative way.
Filin et al. (Tue,) studied this question.