TIME DESCRIPTION OF ECONOMIC REFORMS

The article is devoted to the disclosure of the organizational and methodological principles of building an internal control system for provisioning to ensure the continuity of enterprises in conditions of uncertainty. The purpose of the study is to substantiate the priority areas of organizational and methodological principles for the formation of an internal control system for provisioning for possible losses of economic benefits from risks to ensure the continuity of enterprises in conditions of uncertainty on the basis of analytical procedures. The object of the study is internal control of reserves for ensuring the continuity of enterprises. Methods used in the study: scientific knowledge, generalization method, comparison, logical-content, induction and deduction methods, analysis. The hypothesis is the assumption of the need to revise approaches to the development of organizational and methodological provisions for the formation of an internal control system for reserves for ensuring the continuity of enterprises in conditions of uncertainty on the basis of analytical procedures in the context of regulating the process of provisioning for possible losses of economic benefits caused by risks. Presentation of the main material. The essence of the category "reserves" and the prerequisites for internal control of reserving as a key management tool for ensuring the continuity of enterprises' activities in conditions of uncertainty are revealed. The advantages of applying the provisions of an object-oriented approach to the organization of the internal control system of reserving to ensure the continuity of enterprises' activities in conditions of uncertainty are substantiated, and the tasks and its organizational and methodological support are determined. The specifics of internal control of risks of a decrease in the value of financial investments and reserving for losses of economic benefits are studied, an algorithm for its organization is developed with the disclosure of factors, elements, objects, criteria, methods for identifying financial risks and procedures for assessing the adequacy of reserves to cover possible losses of economic benefits. A methodological approach to assessing the synergistic effect of reserving to cover losses from depreciation of financial investments is substantiated using a model of comprehensive assessment of the market value of the enterprise, which takes into account reserves of financial stability and risks. Originality and practical significance are: methodological recommendations on the sequence of organizing internal control of risks of a decrease in the value of financial investments, a methodology for assessing the synergistic effect of provisions to cover losses from the depreciation of financial investments using a model of comprehensive assessment of the market value of the enterprise, which allows generating information to determine reserves for possible losses of economic benefits from risks, develop a budget for reserve funds and assess the effectiveness of the control system in the context of its continuous operation. Conclusions. The implementation of the developed recommendations on the organization and methodological principles of forming an internal control system for reservations will contribute to increasing the efficiency of risk management and ensuring the continuous operation of enterprises in conditions of uncertainty. The implementation of the proposed algorithm for organizing internal control for reservations in ensuring the continuity of the activities of enterprises with the disclosure of factors, objects, criteria, methods for identifying financial risks and analytical procedures provides an opportunity to generate high-quality information for assessing losses of economic benefits from risks by objects and their types and the adequacy of the formation of reserves to cover them, as well as the efficiency of using reserve funds. The application of the methodology for assessing the synergistic effect of provisions to cover losses of economic benefits using a model for comprehensive assessment of the market value of an enterprise is an important tool for determining the effectiveness of the internal control system and predicting the continued viability of an enterprise in conditions of uncertainty

internal control, analysis, reserves, business continuity, risks, efficiency, enterprise, budgeting

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