Received 30.08.2021, Revised 16.09.2021, Accepted 30.09.2021
For the purpose of risk management, the specific features of the agricultural complex and the main sources of information used in risk identification are identified The purpose of the study – substantiate the methodological tools for identifying and assessing financial risks for managing such on the example of the agricultural sector. The monographic method was used to review the scientific publications of researchers and analyse the regulatory framework for identifying and assessing risks, systematic and comparative analyses to form methodological approaches to financial risk assessment, empirical method and synthesis to analyse food security indicators, indicators of state regulation of financial risks in the industry, a graphical method to display the dynamics of individual indicators under study, an abstract-logical method for theoretical generalisations and conclusions. Methodical approaches to financial risk assessment are considered. The components of the methodology of financial risk assessment as a system of principles, approaches and methods of scientific research of identification and measurement of risks, and the theoretical foundations of using these tools in the study of security aspects of the national economy are specified. It is determined that financial risk concerns almost all areas of activity and is a kind of assessment of decision-making under conditions of uncertainty in the field of financing, investment, asset management and resource potential at different levels of management. For the macro-level of financial risk assessment, the dynamics of the food security index as the main criterion for the consequences of the financial security of the industry; the state of the shadow economy as a determining factor of systemic financial risks; the level of budget support as a factor in the efficiency of the state financial policy of the industry and financial risk management were analysed. For the micro level, the classification of methods for assessing financial risks based on the methods of the financial condition of enterprises is clarified, and the relationship between them is argued. Express analysis of financial risks based on financial statements by analytical coefficients on the example of PJSC “Myronivsky Hliboproduct” was performed. The regulatory methods for determining financial risk by the coefficient analysis and cost-benefit analysis and the National Standard of Ukraine are summarised. “Risk management. Methods of general risk assessment” to justify the necessity of developing a unified system of methodological approaches to financial risk assessment. The necessity of forming a unified methodology for assessing the financial risks of the agricultural sector is proved, for which the financial resources of the industry for 2013-2020 are analysed and it is found that their share accounts for 9.4% of the resources of the economy. Methodological approaches to the assessment of financial risks are expanded by involving the macro-level of the agricultural sector in the analysis, as it serves as a guarantor of food security, there is a necessity to constantly monitor the state of financial resources and its regulation through budget support, tax preferences and regulatory measures to maintain the competitiveness of the industry. It is generalised that the content of the assessment of financial risks of agricultural enterprises is determined by the purpose and main tasks, which are graded at the hierarchy levels. The scheme of the methodology for assessing financial risks of the agricultural sector is developed. The methodological support of financial risk assessment processes has been improved, which can serve as the foundation for the development of a unified Methodology for analysing the financial condition and financial risks of agricultural enterprises. The stages of financial risk assessment for the agrarian sector are proposed according to the algorithm: detection – analysis – minimisation, which can be useful for agricultural enterprises in the implementation of a comprehensive financial analysis. Some conclusions of the study can be used in the development of the financial policy of the agricultural sector
agricultural enterprises, methodological approaches, assessment, analytical indicators, financial risks, financial condition