Assessment of financial stability taking into account the industry-specific characteristics of an organization's activities: Developing methodological aspects

Subject. This article deals with new methodological approaches to assessing the financial stability of an organization in auditing, taking into account industry-specific nature and the impact of the business environment on the emergence of risks. Objectives. The article aims to develop methodological approaches to assessing an organization's financial stability by integrating external and internal factors (taking into account industry-specific nature) and levels of risk situations in the context of achieving business objectives. Methods. For the study, we used the methods of generalization and comparison, analysis and synthesis, risk assessment, and the expert assessment approach. Results. The article demonstrates that changes in industry factors affect the financial condition of an organization and trigger risks, and it proposes a model that integrates key determinants of financial stability with business objectives. It recommends using a comprehensive approach to assessing resilience, which involves combining financial indicators and levels of risk situations. Conclusions and Relevance. The proposed approach, which combines financial indicators with industry-specific characteristics and risk levels, provides an adequate assessment of the financial condition. The methodology identifies the interconnections of factors in the areas of finance, investments, labor relations, and technology, which helps maintain sustainability and development in a competitive market. The research results can be used to assess the financial condition and development prospects of the organization within the framework of a financial audit.