THE IMPORTANCE OF CALCULATING FINANCIAL RISKS EFFECTIVELY

Abstract

Effective calculation of financial risks is one of the most important aspects of the modern economy and financial system. In the activities of any enterprise or financial organization, risks constantly arise, which can negatively affect financial stability. Therefore, the correct identification, assessment and management of financial risks is a prerequisite for the successful functioning of the enterprise. With effective methods of calculating financial risks, organizations will be able to improve their financial condition, reduce losses, and anticipate future uncertainties.