Analysis and diagnostics of risks in conditions of economic instability

The article in the direction 08.00.05 Economics and National Economy Management addresses the problematic issues of risk analysis and diagnosis in the conditions of economic instability. Risk analysis is carried out in three directions : analysis of risk factors , i.e. potential threats; analysis of the occurrence of possible risk situations ; analysis of cause- and-effect relationships. The factors that influence the financial results of the organization. A risk map of the enterprise under study is compiled, taking into account the influence of financial and internal risks, a SWOT analysis is carried out to identify and group existing and potential risks. A qualitative assessment of the risks of the enterprise under study is carried out using the risk matrix, which allows to identify the most significant type of risk, the study of which is carried out in more detail in the summary analytical table. A quantitative risk analysis is carried out using a risk coefficient and an empirical scale of risk level. The proposed methodology for analysis and diagnosis of risks allows us to evaluate the effectiveness of risk management, to compare the costs of implementing risk management methods with possible damage and ensures the achievement of the organization’s goals in the market by promptly adjusting exposure methods, which is in demand in conditions of economic instability.